Bank Leumi le-Israel BM 2024 SR

The report highlights Bank Leumi's ESG strategy for 2024, focusing on sustainable finance, climate risk management, and social inclusion. The bank achieved approximately NIS 112.8 billion in sustainable finance, with NIS 27.2 billion dedicated to environmental activities and NIS 85.6 billion to social initiatives. It reported a 24% reduction in its operational carbon footprint compared to a 2021 baseline, meeting its 2026 interim target early. The report details the bank's first comprehensive Scope 3 financed emissions calculation covering 100% of its business credit and mortgage portfolios. Additionally, the bank emphasized gender diversity, with women representing 53% of senior management and 40% of the Board of Directors.

Company: Bank Leumi le-Israel BM

Sector: Financials

Country: Israel

Year: 2024

Type: SR

Pages: 95

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Bank Leumi le-Israel BM

Bank Leumi le-Israel BM 2024 ESG Report

ESG Report

The report highlights Bank Leumi's ESG strategy for 2024, focusing on sustainable finance, climate risk management, and social inclusion. The bank achieved approximately NIS 112.8 billion in sustainable finance, with NIS 27.2 billion dedicated to environmental activities and NIS 85.6 billion to social initiatives. It reported a 24% reduction in its operational carbon footprint compared to a 2021 baseline, meeting its 2026 interim target early. The report details the bank's first comprehensive Scope 3 financed emissions calculation covering 100% of its business credit and mortgage portfolios. Additionally, the bank emphasized gender diversity, with women representing 53% of senior management and 40% of the Board of Directors.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Mar 4, 2025

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Water Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees