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 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
Bank Hapoalim's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Hapoalim's reported carbon emissions
In 2022, Bank Hapoalim reported carbon emissions of approximately 146,760,000 kg CO2e, exclusively from Scope 1 emissions, indicating direct emissions from owned or controlled sources. The bank has not disclosed any Scope 2 or Scope 3 emissions data for this year. Looking at previous years, in 2020, the bank's total emissions were about 45,003,000 kg CO2e, with Scope 1 emissions at approximately 4,439,000 kg CO2e, Scope 2 at about 39,591,000 kg CO2e, and Scope 3 at around 973,000 kg CO2e. In 2019, total emissions were about 47,874,000 kg CO2e, with Scope 1 at approximately 5,766,000 kg CO2e, Scope 2 at about 40,858,000 kg CO2e, and Scope 3 at around 1,250,000 kg CO2e. Despite the significant emissions reported, Bank Hapoalim has not set any specific reduction targets or initiatives as part of their climate commitments. There are no SBTi (Science Based Targets initiative) reduction targets or documented climate pledges available. The bank's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Bank Hapoalim B.M. Overall, while Bank Hapoalim has made strides in reporting its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
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| 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 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.
