About AIB

Progressing our Sustainability agenda is a strategic priority for AIB. We continue to play our part as a sustainability leader to ensure a greener tomorrow by backing those building it today. Due to a combination of customer demand and the need to do more, AIB doubled its Climate Action Fund to €10 billion by the end of 2023, further supporting Ireland’s transition to a low carbon economy, and we are on track to reach this target. Green products and services are driving steady growth in the bank’s green lending book and we were the first Irish bank to issue green bonds and have issued €5 billion in green and social bonds since 2020. Our recent joint venture with NiftiBusiness, established in late 2021, is one of a number of ways in which we are encouraging many businesses and people to re-evaluate their fleet management and private motoring needs, providing sustainable and environmentally-friendly solutions, and supporting them in the transition to a lower-carbon future. The strong financial partnership with AIB also provides NiftiBusiness with the capacity to grow and to meet the rapidly rising demand for electric and hybrid vehicle fleets from businesses of all sizes, having established itself as a leading Irish-owned provider in the fleet management and personal leasing market over the past five years, fast becoming the go-to partner in helping Irish businesses navigate the switch to electric fleets. The joint venture aligns with AIB’s strategy to offer innovative financial solutions to its 3.2 million customers and to grow its green lending, including to customers who want to make the switch to electric and hybrid vehicles.