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 28 is lower than 54% 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 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, showcasing a positive trend in emissions management. The bank has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi). The emissions data is self-reported and does not appear to be cascaded from a parent or related organization. The bank's climate commitments remain unspecified, indicating a potential area for future development in sustainability practices. Overall, while First International Bank of Israel Ltd has demonstrated a commitment to reducing its emissions intensity, further transparency and specific targets would enhance its climate strategy.
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.
