AZRIELI GROUP LTD. Sustainability Profile
Azrieli Group Ltd., a prominent player in the real estate and retail sectors, is headquartered in Israel (IL). Founded in 1982, the company has established itself as a leader in the development and management of commercial properties, including shopping centres, office buildings, and residential projects. With a diverse portfolio that spans major urban areas in Israel and beyond, Azrieli Group is renowned for its innovative architectural designs and commitment to sustainability. The company’s core offerings include high-quality retail spaces and modern office environments, which are distinguished by their strategic locations and cutting-edge amenities. Over the years, Azrieli Group has achieved significant milestones, solidifying its market position as one of Israel's largest real estate firms. Its dedication to excellence and community engagement continues to drive its success in the competitive real estate landscape.
DitchCarbon Score
How does AZRIELI GROUP LTD.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
AZRIELI GROUP LTD.'s score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AZRIELI GROUP LTD.'s reported carbon emissions
In 2024, AZRIELI GROUP LTD. reported total carbon emissions of approximately 101.977 million kg CO2e, comprising 2,992,000 kg CO2e from Scope 1 and 98,985,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. The emissions data for previous years shows a consistent pattern, with total emissions of approximately 100.117 million kg CO2e in 2023 and about 111.281 million kg CO2e in 2022. The company has not disclosed any Scope 3 emissions, indicating a focus on direct and indirect emissions from its operations and energy use. As a current subsidiary of Azrieli Group Ltd., the emissions data is cascaded from the parent company, ensuring a comprehensive understanding of its environmental impact. The company's climate commitments are documented in their sustainability reports, which outline their strategies for achieving these reduction targets.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,743,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 118,863,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is AZRIELI GROUP LTD.'s Industry?
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AZRIELI GROUP LTD.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AZRIELI GROUP LTD. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
