Menora Mivtachim Holdings Ltd., a prominent player in the Israeli financial services sector, is headquartered in Tel Aviv, Israel. Founded in 1935, the company has established itself as a leader in insurance, pension funds, and asset management, serving a diverse clientele across the country and beyond. With a strong focus on innovation, Menora Mivtachim offers a range of unique products and services, including life insurance, health insurance, and retirement solutions tailored to meet the evolving needs of its customers. The company is recognised for its commitment to customer service and financial stability, positioning itself as a trusted partner in the financial landscape. Over the years, Menora Mivtachim has achieved significant milestones, solidifying its market position and earning accolades for its comprehensive approach to financial security.
How does Menora Mivtachim Holdings 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.
Mean score of companies in the Coal Tar Production 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.
Menora Mivtachim Holdings Ltd's score of 20 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Menora Mivtachim Holdings Ltd reported total carbon emissions of approximately 2,253,000 kg CO2e, comprising 455,000 kg CO2e from Scope 1 and 1,798,000 kg CO2e from Scope 2 emissions. This represents a slight increase in Scope 1 emissions from 433,000 kg CO2e in 2021, while Scope 2 emissions rose from a total of 1,219,000 kg CO2e (market-based) and 1,260,000 kg CO2e (location-based) in the previous year. Despite these figures, Menora Mivtachim Holdings Ltd has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future focus in their climate strategy. As of now, there are no cascaded emissions data from a parent or related organization, and all reported figures are directly from Menora Mivtachim Holdings Ltd. The company’s climate commitments and reduction initiatives remain unspecified, highlighting an opportunity for enhanced transparency and action in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 433,000 | 000,000 |
Scope 2 | 1,219,000 | 0,000,000 |
Scope 3 | - | - |
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.
Menora Mivtachim Holdings Ltd is not participating in any of the initiatives that 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.