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.
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.
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.
Migdal Insurance and Financial Holdings Ltd.'s score of 16 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Migdal Insurance and Financial Holdings Ltd., headquartered in Israel (IL), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, Migdal Insurance and Financial Holdings Ltd. does not inherit emissions data from any parent or related organizations, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that would provide further insights into its climate commitments. In the context of the insurance and financial sector, companies are increasingly expected to establish clear climate strategies and emissions reduction targets. However, without specific data or commitments, Migdal's current stance on carbon emissions and climate action remains unclear.
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 and Financial Holdings Ltd. 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.