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. Established in 1923, IEC has played a pivotal role in the development of Israel's electricity infrastructure, marking significant milestones in renewable energy integration and grid modernisation. As a state-owned enterprise, IEC offers a comprehensive suite of services, including electricity generation, transmission, and distribution. Its commitment to innovation and sustainability sets it apart in the industry, with a focus on expanding renewable energy sources. Recognised for its market leadership, IEC continues to enhance its position through strategic investments and technological advancements, ensuring reliable energy supply for millions of customers.
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 9 is higher than 52% 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 24,323,424,000 kg CO2e from Scope 1 and 1,257,361,000 kg CO2e from Scope 2, with no reported emissions from Scope 3. This represents a continued effort to manage and reduce their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, IEC's emissions have shown a general decline from a peak of about 46,363,988,000 kg CO2e in 2012. The company has made strides in reducing its Scope 1 emissions, which decreased from approximately 39,467,669,000 kg CO2e in 2010 to about 24,323,424,000 kg CO2e in 2022. Similarly, Scope 2 emissions have also seen a reduction from about 1,568,718,000 kg CO2e in 2010 to 1,257,361,000 kg CO2e in 2022. Despite the absence of formal reduction targets or commitments, IEC's ongoing efforts to lower emissions align with industry standards for climate action. The company continues to focus on improving its operational efficiency and reducing its environmental impact as part of its broader climate commitments.
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Add to project| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
