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 9 is lower than 84% 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 total carbon emissions of approximately 1,004,000 kg CO2e, which includes 950,000 kg CO2e from Scope 2 emissions and 88,000 kg CO2e from Scope 3 emissions. The company does not disclose Scope 1 emissions data for this year. In 2022, the company reported Scope 1 emissions of 450,000 kg CO2e, while in 2021, Scope 1 emissions were significantly higher at 533,000,000 kg CO2e. The emissions data indicates a substantial reduction in Scope 1 emissions from 2021 to 2022, although the exact reasons for this decrease are not specified. O.Y. Nofar Energy Ltd has not set any publicly disclosed reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting. Overall, while O.Y. Nofar Energy Ltd has made strides in reducing its emissions, particularly in Scope 1, the absence of formal reduction targets suggests a need for further commitment to climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 533,000,000 | 000,000 | - |
| Scope 2 | - | - | 000,000 |
| Scope 3 | - | - | 00,000 |
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.
