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Public Profile
Financial Intermediation
IL
updated a month ago

Bank Mizrahi Tefahot

Company website

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.

49

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.

29

Industry Benchmark

Bank Mizrahi Tefahot's score of 49 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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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 2,212,000 kg CO2e from Scope 1 emissions, 16,113,000 kg CO2e from Scope 2 emissions (market-based), and 936,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 20,884,000 kg CO2e, indicating a reduction of approximately 1,623,000 kg CO2e year-on-year. The bank has set ambitious targets 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, reflecting a commitment to significant climate action. Bank Mizrahi Tefahot's emissions data is independently reported and does not cascade from any parent organization. The bank's ongoing efforts to monitor and reduce its carbon footprint align with industry standards for sustainability and climate responsibility.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank Mizrahi Tefahot's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank Mizrahi Tefahot is in IL, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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