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Electricity from Other Sources
IL
updated 14 days ago

Israel Electric Corporation Sustainability Profile

Company website

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.

14

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.

22

Industry Benchmark

Israel Electric Corporation's score of 14 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

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Israel Electric Corporation's reported carbon emissions

In 2023, the Israel Electric Corporation (IEC) reported total carbon emissions of approximately 22,200,000,000 kg CO2e, which includes 21,100,000,000 kg CO2e from Scope 1 and 1,100,000,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were recorded at about 3,590,000,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. The IEC has not disclosed specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. However, the corporation is actively engaged in sustainability practices, as indicated by its ongoing efforts to monitor and report emissions data. In previous years, the IEC's emissions have shown fluctuations, with total emissions in 2022 reaching approximately 25,600,000,000 kg CO2e, which included 24,300,000,000 kg CO2e from Scope 1 and 1,300,000,000 kg CO2e from Scope 2. The corporation's commitment to transparency in emissions reporting is evident, although specific reduction strategies remain unspecified. Overall, the Israel Electric Corporation is positioned within a global context of increasing scrutiny on carbon emissions, and while it has not set formal reduction targets, its emissions data reflects a significant operational footprint that warrants ongoing attention and potential future commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20102011201220132014201520162017201820192020202120222023
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
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
0,000,000,000
Scope 3
-
-
-
-
-
-
-
-
-
-
-
-
-
-

How Carbon Intensive is Israel Electric Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Israel Electric Corporation's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Israel Electric Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Israel Electric Corporation is in IL, which has a low grid carbon intensity relative to other regions.

Israel Electric Corporation'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.

Israel Electric Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Israel Electric Corporation's Emissions with Industry Peers

IPM Beer Tuvia Ltd.

IL
Updated about 2 months ago

Edeltech Group

IL
•
Distribution and trade services of electricity
Updated about 2 months ago

Mrc Alon Tavor Power Ltd.

IL
Updated 27 days ago

Enel

IT
•
Distribution and trade services of electricity
Updated 2 days ago

Israel Railways Corporation Ltd.

IL
•
Railway transportation services
Updated 3 days ago

A2Z Cust2Mate Solutions Corp.

CA
•
Other transport equipment (35)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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