O.Y. Nofar Energy Ltd
O.Y. Nofar Energy Ltd., commonly referred to as Nofar Energy, is a prominent player in the renewable energy sector, headquartered in Israel. Founded in 2010, the company has rapidly established itself as a leader in the development and operation of solar energy projects, primarily focusing on photovoltaic systems. With a strong presence in both local and international markets, Nofar Energy has successfully executed numerous large-scale solar installations, contributing significantly to the global shift towards sustainable energy solutions. The company’s core offerings include innovative solar energy solutions that stand out for their efficiency and reliability. Nofar Energy's commitment to quality and sustainability has earned it a notable position in the industry, marked by strategic partnerships and a growing portfolio of successful projects. As a forward-thinking enterprise, Nofar Energy continues to drive advancements in renewable energy, positioning itself at the forefront of the green energy revolution.
DitchCarbon Score
How does O.Y. Nofar Energy 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 Electricity Transmission 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
O.Y. Nofar Energy Ltd's score of 12 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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O.Y. Nofar Energy Ltd's reported carbon emissions
In 2023, O.Y. Nofar Energy Ltd reported an employee intensity of approximately 1,970 kg CO2e per employee, with a revenue intensity of about 0.00156 kg CO2e per million NIS. In 2022, the employee intensity was significantly higher at around 5,430 kg CO2e per employee, with a revenue intensity of about 0.00302 kg CO2e per million NIS. The company has disclosed emissions data for 2021, where it reported total emissions of 376,600 kg CO2e for both Scope 1 and Scope 2, and 333,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included various categories such as purchased goods and services, employee commute, and waste generated in operations. Despite these figures, O.Y. Nofar Energy Ltd has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of documented reduction initiatives suggests that the company may need to enhance its strategies to address carbon emissions effectively.
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| 2021 | |
|---|---|
| Scope 1 | 376,600 |
| Scope 2 | 376,600 |
| Scope 3 | 333,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
O.Y. Nofar Energy 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.
