ESG
Leumi’s ESG Commitment: Creating Long-Term Sustainable Value
Leumi integrates environmental, social, and governance considerations into its core business and risk management, with a focus on sustainable financing, community support, and transparent disclosure to investors. Key ESG metrics and targets are presented below.
Environment
Environmental financing and investments
NIS 27.2Bn in total credit (December 2024). 31% in renewable energies, 24% in green building, 21% in clean transportation, 15% in water and sewage. Target for 2030: NIS 40 Bn
Strategic Collaboration with the European Investment Bank (EIB)
A EUR 750 million credit line focused on financing environmental, social and financial inclusion purposes
Green Bonds
Issuing USD 500 million in green bonds, with 100% of the proceeds allocated to eligible environmental projects
Reducing Carbon Footprint
Target for 2030: a 50% reduction in greenhouse gas emissions compared to 2021. As of 2024, emissions were reduced by 24%
Corporate Governance
Board of Directors
100% of Board members are independent, and 40% are women.
Best Practices
Leumi reports in alignment with TCFD, GRI, SASB and is progressing toward ISSB standards, integrating ESG considerations into its corporate governance policies.
Employee Training
Leumi employees completed approximately 33,000 training days in 2024, with an average of 29 training hours per employee.
Human Rights
Human rights considerations are embedded across employee, customer, and supplier management, including accessibility, fair treatment, and support for vulnerable populations.
Social
Investment in the community
Leumi invested NIS 80 million in community initiatives, focusing on long-term social partnerships, education, and support for vulnerable populations.
Volunteer Hours
Leumi employees contributed 25,500 volunteer hours in 2024, an average of 5.65 hours per employee, supporting a broad range of social and educational programs across Israel.
Gender Diversity
Women represent 62% of Leumi’s workforce and 53% of senior management, reflecting the Bank’s commitment to equal opportunity at all organizational levels.
Procurement
93% of Leumi’s procurement is sourced locally, with 35% directed to small and mid-sized businesses, supporting the local economy and strengthening diverse suppliers.