Bank Hapoalim BM

Common Name
Bank Hapoalim
Country
Israel
Sector
Financial Services
Industry
Banks - Regional
Employees
8,480
Ticker
POLI
Exchange
TEL AVIV STOCK EXCHANGE
Description
Bank Hapoalim B.M. is a major commercial bank headquartered in Tel Aviv, Israel. Established in 1921, it has grown to become one of the leading financial institutions in Israel, providing a range of b...

Bank Hapoalim's Climate Target Data Preview

As of 2024, Bank Hapoalim has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Bank Hapoalim ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Bank Hapoalim’s Climate Targets Data

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a. Bank Hapoalim's ESG Report 2024
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Insights into Bank Hapoalim's Greenhouse Gas Emissions Pathways

As of 2024, Bank Hapoalim has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

Does Bank Hapoalim have a target to reduce its total carbon footprint?

As of 2024, Bank Hapoalim has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Bank Hapoalim's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 45,003 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 60% by 2030. a

As of 2024, Bank Hapoalim is on track to meet its total carbon footprint reduction target, having achieved 38.98% of the planned reduction. a

Bank Hapoalim's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202020242030015 k30 k45 k60 kBaselineCurrent (-23%)Target 2030 (-60%)
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