Bank Mizrahi Tefahot
Bank Mizrahi Tefahot, one of Israel's leading financial institutions, is headquartered in Tel Aviv. Established in 1923, the bank has a rich history and has evolved to become a key player in the Israeli banking sector, primarily serving the residential mortgage market. With a strong focus on retail banking, Bank Mizrahi Tefahot offers a range of core products and services, including personal loans, savings accounts, and investment solutions, distinguished by their customer-centric approach and innovative digital banking platforms. The bank has consistently maintained a robust market position, recognised for its commitment to excellence and customer satisfaction. As a pioneer in the mortgage sector, Bank Mizrahi Tefahot continues to shape the financial landscape in Israel, catering to the diverse needs of its clientele across the country.
DitchCarbon Score
How does Bank Mizrahi Tefahot'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 Mizrahi Tefahot's score of 52 is higher than 96% 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 Mizrahi Tefahot's reported carbon emissions
In 2024, Bank Mizrahi Tefahot reported total carbon emissions of approximately 19,261,000 kg CO2e. This figure includes Scope 1 emissions of about 2,212,000 kg CO2e, Scope 2 emissions of approximately 16,113,000 kg CO2e (market-based), and Scope 3 emissions of around 936,000 kg CO2e. In comparison, the bank's total emissions for 2023 were about 20,884,000 kg CO2e, indicating a slight reduction. The bank has set ambitious climate commitments, aiming to reduce its operational carbon footprint and emissions intensity by 40% by 2030, using 2020 as the base year. This target applies to both Scope 1 and Scope 2 emissions. Additionally, Bank Mizrahi Tefahot has committed to achieving net zero emissions by 2050, reflecting its long-term dedication to sustainability. In recent years, the bank has made progress, achieving a 3.6% reduction in its total carbon footprint from 2021 to 2022. These initiatives demonstrate Bank Mizrahi Tefahot's commitment to addressing climate change and reducing its environmental impact.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,917,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,185,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 661,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 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 Mizrahi Tefahot 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.
