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 40 is higher than 62% 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, with Scope 1 emissions at about 2,212,000 kg CO2e, Scope 2 emissions at approximately 16,113,000 kg CO2e (market-based), and Scope 3 emissions at around 936,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 20,884,000 kg CO2e, with Scope 1 at approximately 2,095,000 kg CO2e, Scope 2 at about 18,167,000 kg CO2e, and Scope 3 at around 622,000 kg CO2e. The bank has set ambitious reduction targets, aiming for a 40% reduction in both Scope 1 and Scope 2 emissions by 2030, compared to a 2020 baseline. This commitment reflects a proactive approach to mitigating climate impact and aligns with industry standards for carbon footprint reduction. Data for emissions has been cascaded from the parent organization, Mizrahi Tefahot Bank Ltd., ensuring consistency in reporting and accountability. The bank's ongoing initiatives and targets demonstrate a commitment to sustainability and responsible banking practices in Israel.
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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.
