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.
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.
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.
Menora Mivtachim Provident Funds's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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.
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.
Menora Mivtachim Provident Funds 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.
