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Discount Bank

Sustainability Report and Carbon Intensity Rankings

Is Discount Bank doing their part?

Their DitchCarbon score is 47

Discount Bank has a DitchCarbon Score of 47 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would denote stronger efforts towards minimizing carbon intensity and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Discount Bank is part of the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Discount Bank operates in a region with a low carbon intensity, indicating that the energy used is relatively clean. This favorable environmental condition supports the bank’s sustainability efforts in minimizing its carbon footprint.
3.83%

...this company is doing 3.83% worse in emissions than the industry average.

Discount Bank, founded in 1935 and headquartered in Tel Aviv-Yafo, operates in the finance sector with a robust presence in Israel and international reach. As part of the Discount Group, it offers a comprehensive range of financial services including corporate and retail banking, credit cards, investment banking, portfolio management, and trustee services. With over 200 branches in Israel and a network of subsidiaries and offices globally, Discount Bank serves both retail and corporate clients, emphasizing its commitment to corporate, social, and environmental responsibility.

Bad news, Discount Bank hasn't committed to SBTi goals yet

Discount Bank has not established specific commitments with the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions. Without these targets, the bank’s efforts towards sustainability and climate action remain undefined in the context of SBTi’s rigorous scientific criteria.

There’s always room for improvement,

DitchCarbon recommends...

Discount Bank could reduce its emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower its emissions by 30%.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.