Aib Group Plc · EURONEXT:A5G

Aib — Debt Investor Presentation (February 2021)

24 slides from Aib's debt investor presentation, February 2021

  1. Slide 1: Green Bond Investor Presentation

    AIB February 2021 Green Bond Investor Presentation

  2. Slide 2: Sustainability at AIB

    Sustainability at AIB 2

  3. Slide 3: Sustainability Governance at AIB

    Sustainability Governance at AIB AIB’s Board of Directors established a number of Board Committees and Board Advisory Board of Directors Committees to oversee specific areas of the Group’s operations while the Board retains ultimate responsibility, ensuring a robust approach The Sustainable Business

  4. Slide 4: Sustainability Journey

    Launched ‘Power of Sustainability Journey Support of the TCFD Zero’ 0% finance for Nissan Electric Vehicles Founding Signatory of the UNEP FI Low Carbon Pledge CDP Climate Change Principles for A List Responsible Banking Launch of Excluded Launch of AIB’s Activities list Climate Action Fund AIB SRI

  5. Slide 5: Our Sustainability Strategy, Ambitions & Targets

    Our Sustainability Strategy, Ambitions & Targets In AIB, ‘We pledge to DO MORE’; Leading Ireland’s transition to become a low-carbon economy; Challenging ourselves to deliver meaningful social and economic value to our customers and other stakeholders. BETTER BANKING EXPERIENCES ECONOMIC & SOCIAL IN

  6. Slide 6: Climate Action: Our Progress in 2019

    Climate Action: Our Progress in 2019 MATERIAL TOPICS ENSURE A CLIMATE RESILIENT AND PRODUCTS AND SERVICES TO ADDRESS RESPONSIVE BUSINESS MODEL ENVIRONMENT AND SOCIAL ISSUES LAUNCH OFOUR GREEN BOND FRAMEWORK SUPPORT OF THETCFD origination an d servicing of mortgage loans an d mortgages . Allied Irish

  7. Slide 7: AIB Sustainable Finance Initiatives

    AIB Sustainable Finance Initiatives In June 2019, we announced a €5bn Climate Action Fund, made available for climate related and green products over the next five years. This fund will be available to customers through a number of products and incentives – from electric vehicles, energy-efficient h

  8. Slide 8: AIB Carbon Footprint & Targets

    AIB Carbon Footprint & Targets AIB can support the transition to a low-carbon economy in many significant ways in our own operations and the services we provide to our customers 2020 Objectives AIB Carbon Targets 2020 AIB aimed to reduce its 2009 emissions** by 33% (AIB has already beaten this targe

  9. Slide 9: Embedding Climate Risk within the Bank

    Embedding Climate Risk within the Bank Our progress in 2019 Our plans for 2020 and beyond: • We conducted initial research on the • We will consider the impact of climate risk scenario subject of climate risk and its impact on analysis with a view to developing a climate risk risk management globall

  10. Slide 10: ESG Ratings/Credentials

    ESG Ratings/Credentials Rating provider Rating On 10th Nov 2020, AIB received an ESG Risk Rating of 16.3 and was assessed by Sustainalytics to be at Low Risk of experiencing material financial impacts from ESG factors. AIB’s ESG Risk Rating places it at 52 out of 968 for the industry group “Banks” a

  11. Slide 11: AIB Green Bond Framework

    AIB Green Bond Framework 11

  12. Slide 12: Green Bond Framework

    Green Bond Framework • Align our funding strategy with our sustainability strategy • Funding projects or assets that mitigate climate change by reducing emissions, protecting ecosystems or having a positive Rationale environmental impact (Project Ireland 2040) • The intended Green Bonds issuances se

  13. Slide 13: Use of Proceeds

    Use of Proceeds Eligible use of proceeds categories Renewable Energy Green Commercial Buildings Green Residential Buildings Use of Proceeds Use of Proceeds Use of Proceeds • Renewable energy • Green Commercial Buildings in Ireland • Green Residential Buildings - Loans to finance or refinance equipme

  14. Slide 14: Project evaluation / Selection Process

    Project evaluation / Selection Process Process for Project Evaluation and Selection Compliance with the Green Bond Eligibility Criteria » Mitigation of Alignment with AIB’s sustainability strategy ‘DNSH’ concerns » Compliance with official and international environmental and social standards and loc

  15. Slide 15: Management of Proceeds

    Management of Proceeds Aggregated portfolio approach used to manage the proceeds Eligible Loan Portfolio Additional eligible green projects will be added to the €1.8bn Eligible Green Project Portfolio to the extent required Any assets that become ineligible will be removed and Outstanding green repl

  16. Slide 16: Reporting / Impact

    Reporting / Impact • AIB will make and keep readily available reporting on the allocation of net proceeds to Eligible Green Projects and, wherever feasible, reporting on the impact of the Eligible Green Project Portfolio • AIB will align, on a best effort basis, the impact reporting with the portfol

  17. Slide 17: Green Bond Portfolio & Impact FY19

    Green Bond Portfolio & Impact FY19 AIB Green Bond Portfolio Impact Reporting FY19 # € % Total Portfolio Size €1.704 bn Wind 23 690m c. 41% Solar Total Est. Avoided Emissions 785,382 ton CO2eq/yr 2 51m c. 3% Anaerobic Digestion 2 38m c. 2% Renewable Energy € 779m Commercial 57 925 m c. 54% Est. Avoid

  18. Slide 18: Second-Party Opinion

    Second-Party Opinion Sustainalytics has issued a positive Second Party Opinion on AIB’s Green Bond Framework Updated - 2020 Use of Proceeds: Sustainalytics considers that financing for renewable energy projects and green commercial and residential buildings will lead to positive environmental impact

  19. Slide 19: Appendix

    Appendix 19

  20. Slide 20: Achievements & Initiatives 2019 – 2020 YTD

    Achievements & Initiatives 2019 – 2020 YTD RESPONSIBLE & RESILIENT CLIMATE ACTION BETTER BANKING EXPERIENCES ECONOMIC & SOCIAL INCLUSION TECHNOLOGY • Established a €5bn Climate Action Fund • 93,000 Voice of the Customer surveys • Funding for 8,200 new housing units • AIB COVID-19 Research Hub launch

  21. Slide 21: Contact details

    Contact details Mark Whelan Head of Term Funding [email protected] +353 87 284 8714 Aidan O’Mahony Term Funding Aidan.P.O’[email protected] +353 87 125 6519 Niamh Hore Head of Investor Relations [email protected] +353 1 641 1817 Yvonne Holmes Chief Sustainability Officer [email protected] +353

  22. Slide 22: Disclaimer (1/2)

    Disclaimer (1/2) THIS DOCUMENT IS INTENDED TO PROVIDE NON-EXHAUSTIVE, GENERAL INFORMATION. THIS DOCUMENT MAY CONTAIN OR INCORPORATE BY REFERENCE PUBLIC INFORMATION NOT SEPARATELY REVIEWED, APPROVED OR ENDORSED BY AIB AND ACCORDINGLY, NO REPRESENTATION, WARRANTY OR UNDERTAKING, EXPRESS OR IMPLIED, IS

  23. Slide 23: Disclaimer (2/2)

    Disclaimer (2/2) THIS DOCUMENT REPRESENTS CURRENT AIB POLICY AND INTENT, ARE PROVIDED AS AT THE DATE OF THIS DOCUMENT AND IS SUBJECT TO CHANGE WITHOUT NOTICE AND IS NOT INTENDED NOR CAN BE RELIED ON, TO CREATE LEGAL RELATIONS, RIGHTS OR OBLIGATIONS. ANY DECISION TO PURCHASE ANY AIB GREEN BONDS SHOUL

  24. Slide 24: Appendix 1: AIB Green Tier 2 Deal Summary

    Appendix 1: AIB Green Tier 2 Deal Summary 24

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