The Tel-Aviv Stock Exchange Ltd. (TASE), headquartered in Tel Aviv, Israel, is a prominent financial institution in the capital markets industry. Established in 1953, TASE has evolved into a vital platform for trading securities, including equities, bonds, and derivatives, serving both local and international investors. With a focus on fostering innovation and transparency, TASE offers unique services such as real-time trading and comprehensive market data, positioning itself as a leader in the region. The exchange plays a crucial role in the Israeli economy, facilitating capital raising for companies and providing a robust marketplace for investors. Notable achievements include the introduction of advanced trading technologies and a diverse range of financial instruments, solidifying its status as a key player in the Middle Eastern financial landscape.
How does The Tel-Aviv Stock Exchange 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 Financial Intermediation 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.
The Tel-Aviv Stock Exchange Ltd.'s score of 25 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, The Tel-Aviv Stock Exchange Ltd. reported total carbon emissions of approximately 24,000 kg CO2e from Scope 2 and about 3,000 kg CO2e from Scope 1, resulting in a combined total of around 27,000 kg CO2e. This marks a slight increase in Scope 1 emissions from 2,000 kg CO2e in 2023, while Scope 2 emissions decreased from 24,000 kg CO2e in 2023 and 26,000 kg CO2e in 2022. The exchange has not set any specific reduction targets or initiatives, nor does it have any emissions data for Scope 3. The absence of significant climate commitments or pledges indicates a potential area for future development in their sustainability strategy. All emissions data is self-reported by The Tel-Aviv Stock Exchange Ltd. and does not cascade from any parent organisation. The exchange's focus on transparency in emissions reporting aligns with industry standards, although further commitments could enhance its climate action profile.
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.
The Tel-Aviv Stock Exchange 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.
