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 40 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, comprising 3,164,800 kg CO2e from Scope 1, 29,432,000 kg CO2e from Scope 2, and 1,428,300 kg CO2e from Scope 3 emissions. This marks a slight increase from 2022, where emissions were about 32,955,000 kg CO2e. Over the years, Bank Leumi has demonstrated a commitment to reducing its carbon footprint. Notably, emissions decreased from approximately 76,201,000 kg CO2e in 2010 to the current levels, reflecting ongoing efforts to enhance sustainability practices. However, there are currently no specific reduction targets or initiatives disclosed by the bank, such as those aligned with the Science Based Targets initiative (SBTi). The bank's emissions data indicates a focus on Scope 1 and Scope 2 emissions, which are primarily associated with direct operations and energy consumption. As part of its climate commitments, Bank Leumi continues to monitor and report its emissions, contributing to broader industry efforts to combat climate change.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 4,375,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 71,567,000 | 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 | - | - | - | - | 0,000,000 | 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 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.