|Date joined:||25 September, 2019|
|Initiatives:||Net Zero Banking Alliance and Principles for Responsible Banking|
|Reports:||Mar 21 Mar 22|
AIB is a financial services group operating predominantly in Ireland. Our Purpose, as a financial institution, is to back our customers to achieve their dreams and ambitions. We provide a comprehensive range of services to retail, business and corporate customers, and hold market-leading positions in key segments in Ireland. AIB also operates in Great Britain, as Allied Irish Bank (GB), and in Northern Ireland as First Trust Bank. In our New York office, we operate through our Syndicated & International Finance and Group Treasury businesses.
AIB is inextricably linked to the fabric of the economies in which we operate. We want our business to make a positive impact, creating long-term shared value for our customers, our other stakeholders and the communities in which we live and work. As such, we know that we have a meaningful contribution to make in addressing many of the pressing current and emerging societal issues, including:
- funding the providers and purchasers of housing and homes;
- facilitating access to the digital economy for all via the provision of basic bank accounts;
- backing the wealth- and job-creators within our economy; and
- advancing the transition to a low-carbon environment.
In addressing these issues we must adhere to sustainable business practices. Ultimately our social licence to operate, to contribute and to lead will be determined by the trust our stakeholders place in us. We will therefore continue to report on our progress to international best practice standards and we will foster a culture of accountability and responsibility for our actions and outcomes. Most importantly, in all that we do, we will be guided by our Purpose: To back our customers to achieve their dreams and ambitions.