Dead Sea Magnesium Ltd. Sustainability Profile
Dead Sea Magnesium Ltd., headquartered in Israel, is a leading player in the mineral extraction industry, specialising in high-quality magnesium products derived from the unique mineral-rich waters of the Dead Sea. Founded in 2005, the company has established itself as a key supplier of magnesium chloride and other related compounds, catering to various sectors including agriculture, pharmaceuticals, and cosmetics. With a commitment to sustainability and innovation, Dead Sea Magnesium Ltd. has achieved significant milestones, including the development of eco-friendly extraction methods that preserve the delicate ecosystem of the Dead Sea. The company’s core offerings are distinguished by their purity and efficacy, making them highly sought after in both local and international markets. As a prominent name in the industry, Dead Sea Magnesium Ltd. continues to set benchmarks for quality and sustainability in mineral production.
DitchCarbon Score
How does Dead Sea Magnesium 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 Other Non-Ferrous Metal Products 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
Dead Sea Magnesium Ltd.'s score of 49 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dead Sea Magnesium Ltd., headquartered in Israel (IL), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of ICL Group Ltd., which may influence its climate commitments and reporting practices. As part of its corporate family, Dead Sea Magnesium Ltd. inherits climate initiatives and targets from ICL Group Ltd. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are managed at the level of ICL Group Ltd. However, specific reduction targets or achievements for Dead Sea Magnesium Ltd. have not been disclosed. The absence of direct emissions data suggests that the company may still be in the process of establishing its own climate commitments or reporting framework. As a subsidiary, it is likely aligned with the broader sustainability goals of ICL Group Ltd., which may include industry-standard practices for reducing carbon footprints and enhancing environmental performance. In summary, while Dead Sea Magnesium Ltd. does not currently provide specific emissions data or reduction targets, its affiliation with ICL Group Ltd. positions it within a framework of corporate responsibility and climate action initiatives.
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| 2010 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,864,912,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,064,675,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 125,836,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | 0,000,000 | 0,000,000 | - |
How Carbon Intensive is Dead Sea Magnesium Ltd.'s Industry?
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Dead Sea Magnesium Ltd.'s Scope 3 Categories Breakdown
Dead Sea Magnesium Ltd.'s Scope 3 emissions, which decreased by 9% last year and decreased by approximately 96% since 2010, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 27% of Scope 3 emissions.
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Dead Sea Magnesium 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.
Dead Sea Magnesium 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.
