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Public Profile
Insurance Services
IL
updated a month ago

Menora Mivtachim Provident Funds Sustainability Profile

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.

25

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.

33

Industry Benchmark

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.

39%

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Menora Mivtachim Provident Funds's reported carbon emissions

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.

How Carbon Intensive is Menora Mivtachim Provident Funds's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Menora Mivtachim Provident Funds's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

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

Menora Mivtachim Provident Funds'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.

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.

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

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