Harel Pension and Provident Ltd. Sustainability Profile
Harel Pension and Provident Ltd., a leading player in the Israeli financial services sector, is headquartered in Israel and operates extensively across the region. Founded in 1975, the company has established itself as a trusted provider of pension and provident fund solutions, catering to both individuals and businesses. Harel offers a diverse range of products, including retirement plans, life insurance, and investment funds, distinguished by their innovative approach and customer-centric services. With a strong market position, Harel Pension and Provident Ltd. has achieved significant milestones, including recognition for its robust investment strategies and commitment to financial security. As a prominent entity in the pension and provident industry, Harel continues to shape the future of retirement planning in Israel.
DitchCarbon Score
How does Harel Pension and Provident 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 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 Pension and Provident Ltd.'s score of 7 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Harel Pension and Provident Ltd., headquartered in Israel (IL), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Harel Insurance Investments & Financial Services Ltd., which may influence its climate-related initiatives and reporting. As of now, Harel Pension and Provident Ltd. has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi). Additionally, there are no climate pledges or specific reduction initiatives outlined in the available data. The absence of emissions data and reduction targets suggests that Harel Pension and Provident Ltd. may still be in the early stages of developing a comprehensive climate strategy. The company’s climate commitments and performance may be influenced by its parent organization, Harel Insurance Investments & Financial Services Ltd., which is responsible for cascading relevant data and initiatives. In summary, while Harel Pension and Provident Ltd. does not currently provide specific emissions data or reduction targets, its relationship with Harel Insurance Investments & Financial Services Ltd. may play a crucial role in shaping its future climate commitments.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,370,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,400,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Harel Pension and Provident Ltd.'s Industry?
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Harel Pension and Provident 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.
Harel Pension and Provident 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.
