Mizrahi Tefahot Bank Ltd

Common Name
Mizrahi Tefahot Bank
Country
Israel
Sector
Financial Services
Industry
Banks - Regional
Employees
7,211
Ticker
MZTF
Exchange
TEL AVIV STOCK EXCHANGE
Description
Mizrahi Tefahot Bank Ltd. is a leading Israeli banking institution, primarily focused on offering comprehensive financial services to individual and corporate clients. As one of the major banks in Isr...

Mizrahi Tefahot Bank's Climate Target Data Preview

As of 2023, Mizrahi Tefahot Bank has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target 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 Mizrahi Tefahot Bank ’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 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Mizrahi Tefahot Bank's Greenhouse Gas Emissions Pathways

As of 2023, Mizrahi Tefahot Bank 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.

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

As of 2023, Mizrahi Tefahot Bank has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Mizrahi Tefahot Bank's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 20,673 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 40% by 2030.

As of 2023, Mizrahi Tefahot Bank is lagging behind on its total carbon footprint reduction target, having achieved 22.28% of the planned reduction.

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

20202023203005.5 k11 k16.5 k22 kCurrent (-9%)Target 2030 (-40%)
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