The Tel-Aviv Stock Exchange Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
The Tel-Aviv Stock Exchange Ltd.'s score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Tel-Aviv Stock Exchange Ltd.'s reported carbon emissions
In 2024, The Tel-Aviv Stock Exchange Ltd. (TASE) 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 approximately 27,000 kg CO2e. This marks a decrease from 2023, where emissions were about 26,000 kg CO2e from Scope 2 and 2,000 kg CO2e from Scope 1, totalling approximately 28,000 kg CO2e. In 2022, TASE's emissions were approximately 26,000 kg CO2e from Scope 2, with no reported Scope 1 emissions. Despite these figures, TASE has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The organisation's emissions data is not cascaded from any parent company, indicating that TASE operates independently in its climate reporting and commitments. Overall, TASE's emissions profile reflects a commitment to monitoring and reporting its carbon footprint, although further initiatives and targets would enhance its climate strategy.
How Carbon Intensive is The Tel-Aviv Stock Exchange Ltd.'s Industry?
How Carbon Intensive is The Tel-Aviv Stock Exchange Ltd.'s Location?
The Tel-Aviv Stock Exchange Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
The Tel-Aviv Stock Exchange Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
