Public Profile

Bank Leumi

Bank Leumi, officially known as Bank Leumi Le-Israel B.M., is a prominent financial institution headquartered in Israel. Established in 1902, it has grown to become one of the largest banks in the country, with a significant presence in both domestic and international markets. The bank operates primarily in the banking and financial services industry, offering a diverse range of products including personal banking, corporate finance, and investment services. With a commitment to innovation, Bank Leumi has introduced unique digital banking solutions that enhance customer experience. The bank's strong market position is underscored by its extensive network of branches and ATMs across Israel and key operational regions worldwide. Notable achievements include its role in supporting Israel's economic development and its ongoing efforts to integrate sustainable practices into its operations.

DitchCarbon Score

How does Bank Leumi'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.

43

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

Bank Leumi's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

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Bank Leumi's reported carbon emissions

In 2023, Bank Leumi reported total carbon emissions of approximately 28,892,900 kg CO2e. This figure includes 4,880,240 kg CO2e from Scope 1 emissions, 22,118,410 kg CO2e from Scope 2 emissions, and 1,894,250 kg CO2e from Scope 3 emissions. This represents a reduction from 2022, where total emissions were about 32,149,620 kg CO2e, with Scope 1 at 4,475,090 kg CO2e, Scope 2 at 26,058,130 kg CO2e, and Scope 3 at 1,616,400 kg CO2e. Notably, Bank Leumi achieved a 5.7% reduction in its carbon footprint from 2019 to 2020, with the carbon footprint in 2020 recorded at 36,320,000 kg CO2e. This reduction was observed in both Scope 1 and Scope 2 emissions. The bank has disclosed emissions data across all three scopes, demonstrating a commitment to transparency and accountability in its climate impact. As part of its ongoing climate initiatives, Bank Leumi is focused on further reducing its carbon footprint in the near term.

Unlock detailed emissions data

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

20122013201420152020202120222023
Scope 1
6,155,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 2
71,567,000
00,000,000
00,000,000
00,000,000
-
0,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
00,000,000
00,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank Leumi'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 Bank Leumi 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.

Bank Leumi 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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