Environmental Responsibility

In early November 2011, "The Minister of Environmental Protection Award" was awarded to Leumi.

The Minister of Environmental Protection Award was granted to organizations that have joined the Recording and Reporting Program for greenhouse gas emissions in Israel. The establishment of the program was motivated by the motto: “What you can measure - you can manage.”

By joining the project, Bank Leumi is committed to providing ongoing voluntary reports on greenhouse gas emissions and energy efficiency, aimed at reducing greenhouse gas emissions.

Leumi is the first financial institution in Israel to raise the banner of environmental protection. Leumi leads additional environmental projects, headed by Mr. Moshe Genkin – Supervisor of Environmental Quality in the Procurement, Construction and Logistics Department of the Finance Division.

As of 2009, Leumi has reduced by 4% its annual carbon footprint by means of  the “Kol Dodi” Project – a socio-environmental project. This project provides assistance to families in the lower socio-economic strata by replacing electric/diesel fuel water heating to more cost effective solar heating, saving these families a significant amount of money.

From the environmental aspect, the project minimizes electricity consumption of these families, which in turn reduces the emission of greenhouse gases into the air. The project is carried out in several cities, such as in Lod, Ramla, Yerucham, Arad and in settlements around the Gaza Strip.

In addition, Leumi is currently carrying out a pilot of “green” conduct at its branches. The first branches to participate in the pilot and comply with the conditions of the Standards Institution of Israel were the Tel Aviv central branch and the Direct Banking Division who were awarded the Leumi “Green Branch” Standards stamp of approval. This was followed by a pilot that is now being carried out in the Leumi branches in the Haifa area, headed by Mr. Eliezer Vaida.