Israel Discount Bank
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 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, which included 1,091,000 kg CO2e from business travel. The bank's emissions decreased to about 18,421,000 kg CO2e in 2024. Israel Discount Bank has set ambitious climate commitments, aiming to reduce its operational emissions by 30% by 2030 from a 2022 baseline for both Scope 1 and Scope 2 emissions. Additionally, the bank targets a more significant reduction of 40% in its carbon footprint from operational activities by 2030, also based on 2022 levels. The bank's emissions data is not cascaded from any parent organization, indicating that it independently reports its emissions and climate initiatives. The bank's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to addressing climate change.
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| 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 |
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.
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.
