Public Profile

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.

18

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.

1

Industry Benchmark

O.Y. Nofar Energy Ltd's score of 18 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

O.Y. Nofar Energy Ltd's reported carbon emissions

In 2023, O.Y. Nofar Energy Ltd reported total carbon emissions of approximately 1,554,000 kg CO2e, comprising 88,000 kg CO2e from Scope 1, 526,000 kg CO2e from Scope 2, and 950,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, particularly in Scope 3, which includes categories such as business travel and purchased goods and services. In 2022, the company recorded total emissions of about 1,266,000 kg CO2e, with 54,000 kg CO2e from Scope 1, 450,000 kg CO2e from Scope 2, and 776,000 kg CO2e from Scope 3. The 2021 figures showed a total of approximately 1,070,600 kg CO2e, with 29,000 kg CO2e from Scope 1, 421,000 kg CO2e from Scope 2, and 363,000 kg CO2e from Scope 3. Despite the increasing trend in emissions, O.Y. Nofar Energy Ltd has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for the company to enhance its climate action framework in alignment with industry standards.

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202120222023
Scope 1
376,600
-
00,000
Scope 2
376,600
-
000,000
Scope 3
333,000
00,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. O.Y. Nofar Energy Ltd's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. O.Y. Nofar Energy Ltd is headquartered in IL, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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