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Public Profile
Financial Intermediation
IL
updated 5 months ago

Migdal Insurance

Company website

Migdal Insurance, officially known as Migdal Hachshara Insurance Company Ltd., is a leading player in the Israeli insurance industry, headquartered in Tel Aviv, Israel. Established in 1934, Migdal has grown to become one of the largest insurance providers in the country, offering a diverse range of financial products and services, including life insurance, health insurance, and pension plans. With a strong presence across major operational regions in Israel, Migdal Insurance is renowned for its innovative approach to risk management and customer service. The company has achieved significant milestones, including the introduction of unique insurance solutions tailored to meet the evolving needs of its clients. As a market leader, Migdal is committed to delivering exceptional value and security, solidifying its reputation as a trusted partner in financial protection and planning.

DitchCarbon Score

How does Migdal Insurance'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 Financial Intermediation 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.

39

Industry Benchmark

Migdal Insurance's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Migdal Insurance's reported carbon emissions

Migdal Insurance, headquartered in Israel (IL), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Migdal Insurance Company Ltd., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, Migdal Insurance is part of a broader corporate family that includes Migdal Insurance and Financial Holdings Ltd., which may have relevant climate initiatives. However, no specific reduction targets or commitments have been documented for Migdal Insurance at this time. As a current subsidiary, Migdal Insurance may align its climate strategies with those of its parent company, but specific details regarding emissions reduction initiatives or science-based targets (SBTi) are not available. The company has not publicly committed to any climate pledges or initiatives such as RE100 or CA100. In summary, while Migdal Insurance is positioned within a corporate structure that may have climate commitments, it currently lacks specific emissions data and defined reduction targets.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Migdal Insurance's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Migdal Insurance 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.

Migdal Insurance 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

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Where does DitchCarbon data come from?

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