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 27 is higher than 75% 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. The bank has disclosed emissions data across all three scopes, including Scope 1, Scope 2, and Scope 3, in previous years. For instance, in 2010, their total emissions were about 106,593,000 kg CO2e, with Scope 1 at 19,562,000 kg CO2e, Scope 2 at 68,286,000 kg CO2e, and Scope 3 at 18,745,000 kg CO2e. Over the years, Bank Hapoalim has made strides in reducing its carbon footprint. From 2010 to 2020, the bank's total emissions decreased from approximately 106,593,000 kg CO2e to about 45,003,000 kg CO2e, showcasing a commitment to sustainability. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The bank's emissions data reflects a comprehensive approach to tracking and managing carbon emissions, aligning with industry standards for climate accountability. As they continue to navigate their environmental impact, Bank Hapoalim remains focused on transparency and reporting in their sustainability efforts.
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Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 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 | 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
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 committed to any 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.
