Bank Leumi
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.
DitchCarbon Score
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.
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 Leumi's score of 43 is higher than 68% 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 Leumi's reported carbon emissions
In 2023, Bank Leumi reported total carbon emissions of approximately 28,893,900 kg CO2e. This figure includes 4,880,240 kg CO2e from Scope 1 emissions, 22,118,410 kg CO2e from Scope 2 emissions, and 1,894,250 kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were about 32,149,620 kg CO2e, with Scope 1 at 4,475,090 kg CO2e, Scope 2 at 26,058,130 kg CO2e, and Scope 3 at 1,616,400 kg CO2e. Notably, Bank Leumi achieved a 5.7% reduction in its carbon footprint from 2019 to 2020, with a reported carbon footprint of 36,320,000 kg CO2e in 2020. This reduction was observed in both Scope 1 and Scope 2 emissions. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate commitments. Bank Leumi is committed to transparency in its emissions reporting and actively tracks its carbon footprint across all relevant scopes.
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| 2012 | 2013 | 2014 | 2015 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,155,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 71,567,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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 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.
