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 25 is lower than 55% 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 the latest available data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to highlight. Additionally, Migdal has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi). The company does not appear to have made any formal climate pledges or commitments to reduce its carbon footprint. As there is no emissions data or reduction initiatives available, it is unclear how Migdal Insurance and Financial Holdings Ltd. is addressing climate change within its operations. The lack of information suggests that the company may need to enhance its transparency and commitment to sustainability practices in the future.
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.