First International Bank of Israel Ltd Sustainability Profile
First International Bank of Israel Ltd., commonly referred to as FIBI, is a prominent financial institution headquartered in Israel. Established in 1971, the bank has grown to become a key player in the Israeli banking sector, offering a wide range of services across retail, corporate, and investment banking. FIBI operates primarily in Israel, with a focus on providing innovative financial solutions tailored to meet the diverse needs of its clients. The bank's core products include personal banking services, business loans, and wealth management, distinguished by their customer-centric approach and advanced digital banking capabilities. With a strong market position, First International Bank of Israel has achieved notable milestones, including recognition for its commitment to customer service and financial stability, making it a trusted choice for individuals and businesses alike in the competitive banking landscape.
DitchCarbon Score
How does First International Bank of Israel Ltd'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
First International Bank of Israel Ltd's score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
First International Bank of Israel Ltd's reported carbon emissions
In 2022, First International Bank of Israel Ltd reported a total of approximately 0 kg CO2e in carbon emissions, with no disclosed data for Scope 1, Scope 2, or Scope 3 emissions. The bank has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's GHG emissions intensity has been reported in previous years, with values of 104.5 kg CO2e/m² in 2022, 115.0 kg CO2e/m² in 2021, and 120.0 kg CO2e/m² in 2020, reflecting a gradual decrease in emissions intensity over time. However, without specific reduction targets or commitments, the bank's overall climate strategy remains unclear. As of now, First International Bank of Israel Ltd does not inherit emissions data from any parent or related organizations, and all information is sourced directly from the bank itself. The lack of comprehensive emissions data and reduction initiatives highlights an opportunity for the bank to enhance its climate commitments and transparency in future reporting.
How Carbon Intensive is First International Bank of Israel Ltd's Industry?
How Carbon Intensive is First International Bank of Israel Ltd's Location?
First International Bank of Israel Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
First International Bank of Israel Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
