Bank Hapoalim

Bank Hapoalim, a financial intermediation services company based in Israel, reported its latest carbon emissions for 2020. The company's total emissions were approximately 45,003,000 kg CO2e. This figure includes Scope 1 emissions of about 4,439,000 kg CO2e, Scope 2 emissions of approximately 39,591,000 kg CO2e, and Scope 3 emissions of about 973,000 kg CO2e.

Looking at previous years, Bank Hapoalim's emissions have shown a general downward trend since 2011. In 2019, total emissions were roughly 47,874,000 kg CO2e (Scope 1: 5,766,000 kg CO2e, Scope 2: 40,858,000 kg CO2e, Scope 3: 1,250,000 kg CO2e). In 2018, total emissions stood at around 53,267,000 kg CO2e (Scope 1: 5,772,000 kg CO2e, Scope 2: 43,766,000 kg CO2e, Scope 3: 3,729,000 kg CO2e). Further back, in 2011, the company reported total emissions of approximately 106,593,000 kg CO2e (Scope 1: 19,562,000 kg CO2e, Scope 2: 68,286,000 kg CO2e, Scope 3: 18,745,000 kg CO2e).

Bank Hapoalim has not disclosed specific climate reduction targets, such as those validated by the Science Based Targets initiative (SBTi), nor has it signed the Climate Pledge.