The FTSE4Good index was launched in London a decade ago and assesses companies traded in the FTSE All World Index, including companies traded in the TASE. Companies are selected to join the index, according to their threshold performance in managing environmental, social and corporate governance (ESG) issues.
Bank Hapoalim was included in FTSE4Good in 2011 and since then earns a high score constantly due to its environmental, social and governance (ESG) practices.
In 2017, Bank Hapoalim is listed alongside 70 advanced banks, of the thousands of banks operating worldwide.
Company`s performance with respect to environmental, social and governance (ESG) issues is becoming an increasingly important investment consideration for worldwide investors. Thus, since ESG performance indicates on company’s wider risk management, long term vision, approaches to sustainable development and stakeholder management. Such a performance may be assessed by means of formal and well recognized indices such as FTSE4Good Index.
Bank Hapoalim promotes transparency by publishing annually Sustainability and Social Responsibility reports in accordance with GRI (Global Reporting Initiative) framework at GRI:G4 "in accordance – comprehensive" level. Moreover, the bank is ranked at the top of the Israeli Corporate Responsibility TASE Index (MAALA).