Migdal Insurance Sustainability Profile
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.
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.
Industry Benchmark
Migdal Insurance's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
How Carbon Intensive is Migdal Insurance's Industry?
How Carbon Intensive is Migdal Insurance's Location?
Migdal Insurance'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.
Migdal Insurance 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.
