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Addressing Climate Change

and supporting the transition to a low carbon economy

The Bank recognises our environmental impact and is mindful that making a positive contribution to the economy through consideration of environmental issues across each channel of our organisation is fundamental to running our business in a responsible and sustainable way.

In order to achieve this, we are focussed on: managing climate risk; supporting the transition to a low carbon economy; and, taking action to reduce our own environmental footprint, while continuing to disclose transparently.

Impact in Action

Green Mortgage

Launching the Bank’s Green Mortgage, with c.€500 million in green lending drawn down during 2022.

 

Science-Based Targets

Committing to setting science-based carbon emission reduction targets (SBTs) by 2024.

83% Reduction in carbon emission intensity

83% reduction in scope 1 and 2 carbon emission intensity, a cumulative reduction since 2009.

For more on our commitment to Addressing Climate Change and supporting the transition to a low carbon economy, please visit page 25 of our Annual Report.

Community Partners

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Altogether more human