Ditchcarbon
  • Contact
  1. Organizations
  2. Bank Hapoalim
Public Profile
Financial Intermediation
IL
updated 2 months ago

Bank Hapoalim

Company website

Bank Hapoalim, officially known as Bank Hapoalim B.M., is a leading financial institution headquartered in Tel Aviv, Israel. Established in 1921, it has grown to become one of the largest banks in the country, with a significant presence in both retail and corporate banking sectors. The bank operates extensively across Israel and has a notable international footprint, serving clients in key global markets. Specialising in a wide range of financial services, including personal banking, investment solutions, and wealth management, Bank Hapoalim is recognised for its innovative approach and customer-centric offerings. The bank has achieved numerous accolades, solidifying its position as a trusted leader in the Israeli banking industry. With a commitment to excellence and a focus on technological advancement, Bank Hapoalim continues to set benchmarks in the financial sector.

DitchCarbon Score

How does Bank Hapoalim'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.

27

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.

30

Industry Benchmark

Bank Hapoalim's score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

Let us know if this data was useful to you

Bank Hapoalim's reported carbon emissions

In 2020, Bank Hapoalim reported total carbon emissions of approximately 45,003,000 kg CO2e, comprising 4,439,000 kg CO2e from Scope 1, 39,591,000 kg CO2e from Scope 2, and 973,000 kg CO2e from Scope 3 emissions. This represented a decrease from 2019, where total emissions were about 47,874,000 kg CO2e. The bank has disclosed emissions data for all three scopes in recent years, demonstrating transparency in its environmental impact. Despite these figures, Bank Hapoalim has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from a parent company, indicating that it operates independently in its reporting and climate strategies. The bank's carbon footprint intensity per employee was reported at about 5,800 kg CO2e in 2020, and its carbon emissions per square meter were approximately 169 kg CO2e. These metrics provide insight into the bank's operational efficiency and environmental impact per unit of output. Overall, while Bank Hapoalim has made strides in emissions reporting, it currently lacks defined reduction targets or commitments to significant climate initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2010201120122013201420162017201820192020
Scope 1
19,386,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
70,409,000
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
16,962,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank Hapoalim's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank Hapoalim is in IL, which has a low grid carbon intensity relative to other regions.

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.

Bank Hapoalim 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Bank Leumi USA

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Barclays PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Citibank, Israel

IL
Updated 19 days ago

Israel Discount Bank

IL
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 21 hours ago

First International Bank of Israel Ltd

IL
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Federal Home Loan Bank of Boston

US
•
Services auxiliary to financial intermediation (67)
Updated about 1 month ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251022.6
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy