Bank Hapoalim
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.
Industry Average
Mean score of companies in the 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
Bank Hapoalim's score of 26 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Hapoalim's reported carbon emissions
In 2022, Bank Hapoalim reported significant carbon emissions, with Scope 1 emissions totalling approximately 146,760,000 kg CO2e. This figure highlights the bank's direct emissions from owned or controlled sources. However, there is no available data on Scope 2 and Scope 3 emissions for that year, which typically encompass indirect emissions from purchased electricity and other value chain activities, respectively. Over the years, Bank Hapoalim has demonstrated a commitment to reducing its carbon footprint. For instance, in 2020, the bank's total emissions were approximately 45,003,000 kg CO2e, with Scope 1 emissions at about 4,439,000 kg CO2e and Scope 2 emissions at around 39,591,000 kg CO2e. This indicates a trend of decreasing emissions from previous years, as the bank's total emissions were approximately 56,629,000 kg CO2e in 2016. Despite the absence of specific reduction targets or initiatives documented in the provided data, Bank Hapoalim's ongoing efforts to monitor and report its emissions reflect an awareness of climate impact and a potential commitment to sustainability. The bank's emissions data suggests a focus on improving operational efficiency and reducing its environmental footprint over time.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2010 | 2011 | 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 000,000,000 |
| 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
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.
Bank Hapoalim is committed to some reduction initiatives 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.
