First International Bank of Israel Ltd
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 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First International Bank of Israel Ltd's reported carbon emissions
In 2022, First International Bank of Israel Ltd reported total carbon emissions of approximately 13,993,000 kg CO2e. This figure includes 1,386,000 kg CO2e from Scope 1 emissions, 10,987,000 kg CO2e from Scope 2 emissions, and 1,620,000 kg CO2e from Scope 3 emissions. Comparatively, in 2021, the bank's total emissions were about 11,013,000 kg CO2e, with Scope 1 emissions at 922,000 kg CO2e, Scope 2 at 9,444,000 kg CO2e, and Scope 3 at 1,647,000 kg CO2e. This indicates a significant increase in emissions from 2021 to 2022. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from the bank. The absence of specific reduction initiatives or commitments suggests that First International Bank of Israel Ltd may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,604,000 | 000,000 | 0,000,000 |
| Scope 2 | 9,901,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 1,604,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
First International Bank of Israel Ltd 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.
