Mizrahi Tefahot Bank Ltd 2020 SR
The report details Mizrahi-Tefahot Group's sustainability performance for 2020, highlighting its resilience during the COVID-19 pandemic and the strategic acquisition of Bank Igud. The company launched a new strategic plan for 2021-2025 and maintained its 'Platinum Plus' rating in the Maala ESG Index. Key environmental achievements include a 7.95% reduction in carbon footprint intensity and a 12% decrease in energy consumption compared to 2019. Socially, the group invested NIS 16.4 million in community initiatives and supported customers with NIS 4 billion in state-guaranteed loans. Employee development remained a priority, with over 256,000 training hours delivered and 94% of management vacancies filled internally.
Company: Mizrahi Tefahot Bank Ltd
Sector: Finance & insurance
Country: Israel
Year: 2020
Type: SR
Pages: 111
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Mizrahi Tefahot Bank Ltd
ESG Report
The report details Mizrahi-Tefahot Group's sustainability performance for 2020, highlighting its resilience during the COVID-19 pandemic and the strategic acquisition of Bank Igud. The company launched a new strategic plan for 2021-2025 and maintained its 'Platinum Plus' rating in the Maala ESG Index. Key environmental achievements include a 7.95% reduction in carbon footprint intensity and a 12% decrease in energy consumption compared to 2019. Socially, the group invested NIS 16.4 million in community initiatives and supported customers with NIS 4 billion in state-guaranteed loans. Employee development remained a priority, with over 256,000 training hours delivered and 94% of management vacancies filled internally.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
May 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees