Harel Insurance Investments And Financial Services
Harel Insurance Investments and Financial Services, commonly referred to as Harel Group, is a leading financial services provider headquartered in Israel (IL). Established in 1935, the company has grown to become a prominent player in the insurance and investment sectors, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. With a strong presence across major operational regions in Israel, Harel Group excels in life insurance, health insurance, pension funds, and investment management. Its unique approach combines innovative financial solutions with a commitment to customer service, setting it apart in a competitive market. Over the years, Harel has achieved significant milestones, solidifying its position as one of Israel's largest insurance and financial services firms, renowned for its reliability and comprehensive offerings.
DitchCarbon Score
How does Harel Insurance Investments And Financial Services'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
Harel Insurance Investments And Financial Services's score of 23 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Harel Insurance Investments And Financial Services's reported carbon emissions
Harel Insurance Investments and Financial Services, headquartered in Israel, reported its carbon emissions data for the year 2020, revealing a total of approximately 10,740,000 kg CO2e. This figure comprises 3,370,000 kg CO2e from Scope 1 emissions and 7,400,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. In terms of emissions intensity, Harel reported a GHG emission intensity of about 2,320 kg CO2e per employee in 2020. However, there are no specific reduction targets or climate pledges outlined in their current commitments, indicating a potential area for future development in their sustainability strategy. Overall, while Harel has made strides in measuring its emissions, the absence of defined reduction initiatives suggests that further action may be necessary to enhance its climate commitments.
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| 2020 | |
|---|---|
| Scope 1 | 3,370,000 |
| Scope 2 | 7,400,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Harel Insurance Investments And Financial Services is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
