Israel Discount Bank
Israel Discount Bank, often referred to as IDB, is a prominent financial institution headquartered in Israel (IL). Established in 1935, the bank has grown to become a key player in the banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence in major operational regions, including Israel and select international markets, IDB is well-regarded for its customer-centric approach and innovative financial solutions. The bank's core offerings include personal banking, business loans, and wealth management services, distinguished by their commitment to personalised service and technological advancement. Israel Discount Bank has achieved notable milestones, including significant expansions and strategic partnerships, solidifying its position as one of Israel's leading banks. With a focus on sustainability and community engagement, IDB continues to enhance its reputation in the competitive financial landscape.
DitchCarbon Score
How does Israel Discount Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Israel Discount Bank's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Israel Discount Bank's reported carbon emissions
In 2023, Israel Discount Bank reported total carbon emissions of approximately 23,645,000 kg CO2e. This figure includes 1,422,000 kg CO2e from Scope 1 emissions, 21,569,000 kg CO2e from Scope 2 emissions, and 654,000 kg CO2e from Scope 3 emissions. The bank's emissions have shown a general trend of reduction over the years, with total emissions decreasing from about 26,947,000 kg CO2e in 2016 to the latest figure in 2023. In 2022, the bank's total emissions were approximately 18,637,000 kg CO2e, which indicates a significant reduction compared to previous years. The bank has consistently reported emissions across all three scopes, demonstrating transparency in its environmental impact. Despite these reductions, Israel Discount Bank has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The absence of formal reduction targets suggests that while the bank is actively monitoring and reporting its emissions, it may not yet have established a comprehensive strategy for future reductions. Overall, Israel Discount Bank's emissions data reflects a commitment to tracking its carbon footprint, but further steps may be needed to formalise its climate commitments and reduction strategies.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,357,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 43,314,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 239,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Israel Discount Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
