Clal Insurance Sustainability Profile
Clal Insurance Enterprises Holdings Ltd., commonly known as Clal Insurance, is a leading player in the Israeli insurance market, headquartered in Tel Aviv, IL. Established in 1995, the company has grown to become a prominent provider of a diverse range of insurance products, including life, health, and general insurance services. Clal Insurance is renowned for its innovative approach to risk management and customer service, offering tailored solutions that meet the unique needs of individuals and businesses alike. With a strong market position, the company has achieved significant milestones, including strategic partnerships and expansions across major operational regions in Israel. Clal Insurance's commitment to excellence and customer satisfaction has solidified its reputation as a trusted name in the industry, making it a preferred choice for comprehensive insurance coverage.
DitchCarbon Score
How does Clal Insurance'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 Insurance 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
Clal Insurance's score of 27 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Clal Insurance's reported carbon emissions
In 2022, Clal Insurance reported total carbon emissions of approximately 5,800,000 kg CO2e, encompassing Scope 1 and 2 emissions. This figure reflects a significant reduction from 2019, when emissions were about 8,600,000 kg CO2e. The company has demonstrated a commitment to improving its environmental performance, as evidenced by its GHG emission intensity per employee, which decreased from 2,400 kg CO2e in 2019 to 1,530 kg CO2e in 2022. Despite these achievements, Clal Insurance has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is sourced directly from Clal Insurance Enterprises Holdings Ltd., with no cascaded data from parent or related organizations. Overall, Clal Insurance's focus on reducing its carbon footprint aligns with industry standards for climate action, although further transparency regarding future commitments and targets would enhance its sustainability profile.
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How Carbon Intensive is Clal Insurance's Industry?
How Carbon Intensive is Clal Insurance's Location?
Clal Insurance'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.
Clal Insurance 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.
