Bank Leumi, officially known as Bank Leumi Le-Israel B.M., is a prominent financial institution headquartered in Israel. Established in 1902, it has grown to become one of the largest banks in the country, with a significant presence in both domestic and international markets. The bank operates primarily in the banking and financial services industry, offering a diverse range of products including personal banking, corporate finance, and investment services. With a commitment to innovation, Bank Leumi has introduced unique digital banking solutions that enhance customer experience. The bank's strong market position is underscored by its extensive network of branches and ATMs across Israel and key operational regions worldwide. Notable achievements include its role in supporting Israel's economic development and its ongoing efforts to integrate sustainable practices into its operations.
How does Bank Leumi'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.
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.
Bank Leumi's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bank Leumi reported total carbon emissions of approximately 34,025,100 kg CO2e. This figure includes 3,164,800 kg CO2e from Scope 1 emissions, 29,432,000 kg CO2e from Scope 2 emissions, and 1,428,300 kg CO2e from Scope 3 emissions. Over the previous years, the bank's emissions have shown fluctuations: in 2022, total emissions were about 32,955,000 kg CO2e; in 2021, they were approximately 32,149,620 kg CO2e; in 2020, about 28,892,900 kg CO2e; and in 2019, around 28,610,000 kg CO2e. Despite these figures, Bank Leumi has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its operational impact, but without defined goals, its long-term climate strategy remains unclear. Overall, Bank Leumi's emissions profile highlights the importance of transparency and commitment in addressing climate change within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 3,616,100 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 31,540,300 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 1,644,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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 Leumi 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.