Israel Electric Corporation
The Israel Electric Corporation (IEC), a leading utility provider in the energy sector, is headquartered in Israel (IL) and serves a diverse range of operational regions across the country. Founded in 1926, IEC has established itself as a cornerstone of Israel's electricity supply, playing a pivotal role in the nation’s infrastructure development. Specialising in the generation, transmission, and distribution of electricity, IEC offers a unique blend of services that cater to both residential and commercial customers. The corporation is renowned for its commitment to innovation and sustainability, continually investing in advanced technologies to enhance energy efficiency. With a strong market position, IEC has achieved significant milestones, including the integration of renewable energy sources into its grid. This dedication to modernisation and reliability solidifies its reputation as a trusted leader in the Israeli energy landscape.
DitchCarbon Score
How does Israel Electric Corporation'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 Electricity from Other Sources 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
Israel Electric Corporation's score of 22 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Israel Electric Corporation's reported carbon emissions
In 2022, the Israel Electric Corporation (IEC) reported total carbon emissions of approximately 24,300,000,000 kg CO2e from Scope 1 and 1,300,000,000 kg CO2e from Scope 2, with an additional 3,330,000,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to monitoring and reporting emissions across all scopes, although no specific reduction targets or initiatives have been disclosed. Over the years, IEC has shown a trend of decreasing emissions intensity, with a notable reduction in Scope 1 emissions from about 27,500,000,000 kg CO2e in 2020 to 24,300,000,000 kg CO2e in 2022. The company has not set formal reduction targets through the Science Based Targets initiative (SBTi) or other frameworks, indicating a potential area for future commitment. IEC's emissions data highlights the importance of transitioning towards more sustainable energy practices, aligning with global climate goals. The corporation's ongoing efforts to track and report emissions are crucial for transparency and accountability in its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 39,467,669,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,568,718,000 | 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 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 |
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.
Israel Electric Corporation 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.
