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Public Profile
Financial Intermediation
IL
updated 20 days ago

Israel Discount Bank

Company website

Israel Discount Bank, often referred to as IDB, is a prominent financial institution headquartered in Israel (IL). Established in 1935, the bank has grown to become a key player in the banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence in major operational regions, including Israel and select international markets, IDB is well-regarded for its customer-centric approach and innovative financial solutions. The bank's core offerings include personal banking, business loans, and wealth management services, distinguished by their commitment to personalised service and technological advancement. Israel Discount Bank has achieved notable milestones, including significant expansions and strategic partnerships, solidifying its position as one of Israel's leading banks. With a focus on sustainability and community engagement, IDB continues to enhance its reputation in the competitive financial landscape.

DitchCarbon Score

How does Israel Discount Bank'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.

35

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.

27

Industry Benchmark

Israel Discount Bank's score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Israel Discount Bank's reported carbon emissions

In 2024, Israel Discount Bank reported total carbon emissions of approximately 18,421,000 kg CO2e. This figure reflects a decrease from the previous year's total emissions of about 23,645,000 kg CO2e in 2023. The emissions breakdown for 2023 includes Scope 1 emissions of approximately 1,422,000 kg CO2e, Scope 2 emissions of about 21,569,000 kg CO2e, and Scope 3 emissions of around 654,000 kg CO2e, with business travel contributing approximately 1,091,000 kg CO2e. The bank has set ambitious reduction targets, aiming for a 30% reduction in operational emissions by 2030 from a 2022 baseline for both Scope 1 and Scope 2 emissions. Additionally, they are targeting a more significant reduction of 40% in their carbon footprint from operational activities by 2030, also based on 2022 levels. Israel Discount Bank's commitment to sustainability is evident in its ongoing efforts to monitor and reduce its carbon emissions, aligning with industry standards and climate terminology. The bank's emissions data is independently reported and does not cascade from any parent organization.

Unlock detailed emissions data

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

2013201420152016201720192020202120222023
Scope 1
16,357,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
43,314,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
239,000
000,000
000,000
000,000
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. Israel Discount Bank'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 Israel Discount Bank 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.

Israel Discount Bank 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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