Israel Discount Bank Sustainability Profile
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.
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
Israel Discount Bank's score of 35 is higher than 55% 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
Israel Discount Bank's reported carbon emissions
In 2023, Israel Discount Bank reported total carbon emissions of approximately 23,645,000 kg CO2e, comprising 1,422,000 kg CO2e from Scope 1, 21,569,000 kg CO2e from Scope 2, and 654,000 kg CO2e from Scope 3 emissions. This represented a slight decrease from 2022, where total emissions were about 18,539,000 kg CO2e, with Scope 1 emissions at 2,059,000 kg CO2e, Scope 2 at 15,960,000 kg CO2e, and Scope 3 at 648,000 kg CO2e. For 2024, the bank aims to further reduce its operational emissions by 40% from a 2022 baseline, targeting both Scope 1 and Scope 2 emissions. This ambitious goal aligns with their commitment to sustainability and reflects a proactive approach to mitigating climate impact. Overall, Israel Discount Bank is focused on significant reductions in its carbon footprint, with clear targets set for the near term, demonstrating a commitment to environmental responsibility within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
How Carbon Intensive is Israel Discount Bank's Industry?
How Carbon Intensive is Israel Discount Bank's Location?
Israel Discount Bank's Scope 3 Categories Breakdown
Israel Discount Bank's Scope 3 emissions, which increased by 25% last year and increased by approximately 174% since 2013, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 3% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Israel Discount Bank'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.
Israel Discount Bank 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.
