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.
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.
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.
First International Bank of Israel Ltd's score of 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, First International Bank of Israel Ltd reported a GHG emissions intensity of approximately 104.5 kg CO2e per square metre, reflecting its operational impact. This figure indicates a reduction from 115.0 kg CO2e/m² in 2021, and further decreases from 120.0 kg CO2e/m² in 2020, 130.0 kg CO2e/m² in 2019, and 140.0 kg CO2e/m² in 2018. The bank has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set formal reduction targets or climate pledges. Despite the absence of explicit reduction initiatives or commitments, the bank's decreasing emissions intensity suggests a commitment to improving its environmental performance over the years. The data is sourced directly from First International Bank of Israel Ltd, with no cascaded emissions data from a parent or related organization. Overall, while specific climate commitments are not detailed, the trend in emissions intensity indicates a positive trajectory towards sustainability.
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.
First International Bank of Israel Ltd 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.