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Harel Insurance Investments And Financial Services
Insurance ServicesIsraelTLV: HARL
Last verified 8 months agoharel-group.co.il
Harel Insurance Investments and Financial Services, commonly referred to as Harel Group, is a leading provider in Israel’s insurance and pension funding sector. Headquartered in Israel, the company operates extensively across the region, offering a comprehensive range of insurance and financial solutions tailored to both individual and corporate clients. Established in 1972, Harel has grown to become a prominent player in the industry, recognised for its stability and innovative approach.
Specialising in insurance and pension funding services, Harel distinguishes itself through its diverse product portfolio and commitment to customer-centric solutions. Its core offerings include life insurance, health coverage, and pension plans, all designed to meet evolving market needs. With a strong market position and a reputation for reliability, Harel continues to be a key figure in Israel’s financial services landscape.
26
DitchCarbon score
-13 vs industry average
Harel Insurance Investments And Financial Services’s score of 26 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Harel Insurance Investments And Financial Services's reported carbon emissions
Harel Insurance Investments And Financial Services reported its 2022 Scope 1 emissions as 4,260,000 kg CO2e and Scope 2 emissions as 6,063,000 kg CO2e. This resulted in combined Scope 1 and 2 emissions of 10,323,000 kg CO2e for 2022.
Looking back, in 2021, the company's Scope 1 emissions were 4,299,000 kg CO2e and Scope 2 emissions were 6,394,000 kg CO2e, totalling 10,693,000 kg CO2e for Scope 1 and 2. In 2020, Harel Insurance Investments And Financial Services's Scope 1 emissions were 3,370,000 kg CO2e and Scope 2 emissions were 7,400,000 kg CO2e. No Scope 3 emissions data has been disclosed for any reported year.
Harel Insurance Investments And Financial Services has a long-term commitment to achieve net-zero Scope 1 and Scope 2 emissions by 2050, as outlined in their 2021-2022 Corporate Responsibility Report.
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Harel Insurance Investments And Financial Services’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Harel Insurance Investments And Financial Services8 months ago
26
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