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 40 is higher than 90% 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 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. Compared to 2022, where total emissions were about 32,955,000 kg CO2e, this represents a slight increase in emissions. The bank's emissions have shown a general upward trend over the past few years, with total emissions in 2021 at approximately 32,149,620 kg CO2e and in 2020 at about 28,892,900 kg CO2e. Notably, the Scope 2 emissions have consistently constituted the majority of their total emissions, indicating a significant reliance on energy consumption. Despite the lack of specific reduction targets or initiatives disclosed, Bank Leumi's commitment to transparency in reporting its emissions across all three scopes demonstrates an awareness of its environmental impact. The bank's headquarters is located in Israel (IL), and it continues to engage in climate-related disclosures, although no specific climate pledges or reduction targets have been identified.
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| 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 |
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.
