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Insurance Services
IL
updated 7 months ago

Menora Mivtachim Provident Funds

Company website

Menora Mivtachim Provident Funds, a leading financial institution headquartered in Israel, has been a cornerstone of the Israeli financial landscape since its establishment in 1935. With a strong presence across major operational regions in the country, the company focuses on provident funds, pension plans, and life insurance products, catering to a diverse clientele. Renowned for its innovative approach to retirement savings and investment solutions, Menora Mivtachim stands out with its commitment to customer service and financial security. The firm has achieved significant milestones, including a robust market position as one of the largest providers in Israel, reflecting its dedication to helping individuals secure their financial futures. With a comprehensive range of services, Menora Mivtachim continues to shape the industry, ensuring that clients receive tailored solutions to meet their unique needs.

DitchCarbon Score

How does Menora Mivtachim Provident Funds'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.

23

Industry Average

Mean score of companies in the Insurance Services 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.

31

Industry Benchmark

Menora Mivtachim Provident Funds's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Menora Mivtachim Provident Funds's reported carbon emissions

Inherited from Menora Mivtachim Holdings Ltd

Menora Mivtachim Provident Funds, headquartered in Israel (IL), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a current subsidiary, Menora Mivtachim Provident Funds may inherit climate-related data and initiatives from its parent organisation; however, no specific details or metrics have been provided regarding such cascaded information. The lack of emissions data and reduction commitments suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy. In the context of the broader industry, it is essential for financial institutions like Menora Mivtachim Provident Funds to establish clear climate commitments and reduction targets to align with global sustainability goals.

Unlock detailed emissions data

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

20212022
Scope 1
433,000
000,000
Scope 2
1,219,000
0,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Menora Mivtachim Provident Funds's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Menora Mivtachim Provident Funds is in IL, which has a low grid carbon intensity relative to other regions.

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.

Menora Mivtachim Provident Funds 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.

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

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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