Public Profile

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.

29

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.

27

Industry Benchmark

Bank Hapoalim's score of 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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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. This figure highlights the bank's direct greenhouse gas emissions from owned or controlled sources. The bank has not disclosed any Scope 2 or Scope 3 emissions data for 2022, nor have they set specific reduction targets or initiatives as part of their climate commitments. Previous years show a trend of emissions, with total emissions in 2020 at about 45,003,000 kg CO2e, which included 4,439,000 kg CO2e from Scope 1, 39,591,000 kg CO2e from Scope 2, and 973,000 kg CO2e from Scope 3. Despite the lack of specific reduction targets or commitments, Bank Hapoalim's emissions data reflects their operational impact on climate change. The bank's ongoing efforts in sustainability and environmental responsibility remain crucial as they navigate their carbon footprint in the financial sector.

Unlock detailed emissions data

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

201020112012201320142015201620172018201920202022
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
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
00,000,000
-
Scope 3
16,962,000
00,000,000
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

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