Migdal Insurance and Financial Holdings Ltd. Sustainability Profile
Migdal Insurance and Financial Holdings Ltd., commonly referred to as Migdal, is a prominent player in the Israeli insurance and financial services sector. Headquartered in Israel, the company has established a strong presence across various operational regions, providing a diverse range of services. Founded in 1934, Migdal has achieved significant milestones, evolving into one of the largest insurance groups in the country. Migdal offers a comprehensive suite of products, including life insurance, health insurance, pension plans, and investment services, distinguished by their customer-centric approach and innovative solutions. The company is recognised for its robust market position, consistently ranking among the top insurers in Israel, and is celebrated for its commitment to financial stability and customer satisfaction. With a legacy spanning nearly nine decades, Migdal continues to shape the landscape of insurance and financial services in Israel.
DitchCarbon Score
How does Migdal Insurance and Financial Holdings Ltd.'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 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.
Industry Benchmark
Migdal Insurance and Financial Holdings Ltd.'s score of 25 is lower than 65% 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 and Financial Holdings Ltd.'s reported carbon emissions
Migdal Insurance and Financial Holdings Ltd., headquartered in Israel (IL), currently does not have any reported carbon emissions data for the most recent year. As such, there are no specific figures available for Scope 1, Scope 2, or Scope 3 emissions. Additionally, the company has not established any documented reduction targets or commitments to climate initiatives, as indicated by the absence of information regarding SBTi (Science Based Targets initiative) or other climate pledges. Given the lack of emissions data and reduction initiatives, it is unclear how Migdal Insurance and Financial Holdings Ltd. is addressing climate change or its carbon footprint. The company may need to develop and communicate its climate commitments to align with industry standards and expectations for transparency in environmental impact.
How Carbon Intensive is Migdal Insurance and Financial Holdings Ltd.'s Industry?
How Carbon Intensive is Migdal Insurance and Financial Holdings Ltd.'s Location?
Migdal Insurance and Financial Holdings Ltd.'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 and Financial Holdings Ltd. 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.
