Statements on Expenditure 2023-24

Statements on Expenditure under Section 31(1) and (2) of the Public Sector Reform (Scotland) Act 2010 for the financial year 2023-24


Statement of the steps taken by AiB to promote and increase sustainable growth through the exercise of its functions in the period

At the start of 2023-24, AiB set new annual targets and mapped our route to net zero by 2045.

AiB offset our estimated carbon emissions by donating through our silver corporate partnership with Trees for Life. In 2023-24 AiB paid £1,680, planting 280 Trees to offset 70 tonnes of CO2. The partnership also offers AiB staff and stakeholders an option to offset their personal carbon emissions by contributing to AiB’s tree grove.

We recognise the difference between carbon offsetting and carbon zero and will continue our drive to reduce our year-on-year emissions and lead on helping drive the Scottish Government 2045 carbon zero targets.

AiB has now installed energy efficient lighting and solar panelling to reduce our future carbon consumption. 

AiB’s sustainability results – 2023-24

Financial year

2023-24

2022-23

Annual Change

Carbon emissions (tonnes of CO2)

65.51

66.41

Down 0.9

Energy consumption (kWh)

313,137

286,079

Up 27,058

Water consumption (m3)

238

358

Down 120

Waste to landfill (tonnes)

0

0

0

Paper use (boxes)

99

74

Up 25

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