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.
-12 vs industry average
Migdal Insurance’s score of 23 is lower than 32% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Reported emissions
No reported emissions data is available for Migdal Insurance yet.
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.
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Migdal Insurance’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Migdal Insurance yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Migdal Insurance
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