Migdal Insurance, officially known as Migdal Hachshara Insurance Company Ltd., is a leading player in the Israeli insurance industry, headquartered in Tel Aviv, Israel. Established in 1934, Migdal has grown to become one of the largest insurance providers in the country, offering a diverse range of financial products and services, including life insurance, health insurance, and pension plans. With a strong presence across major operational regions in Israel, Migdal Insurance is renowned for its innovative approach to risk management and customer service. The company has achieved significant milestones, including the introduction of unique insurance solutions tailored to meet the evolving needs of its clients. As a market leader, Migdal is committed to delivering exceptional value and security, solidifying its reputation as a trusted partner in financial protection and planning.
How does Migdal Insurance'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.
Migdal Insurance's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Migdal Insurance, headquartered in Israel (IL), currently does not have publicly available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures or commitments, it is challenging to assess their climate impact or sustainability efforts. However, the insurance industry is increasingly recognising the importance of addressing climate change, and many companies are setting science-based targets to reduce their carbon footprints. As such, Migdal Insurance may be expected to align with industry standards in the future, focusing on reducing emissions across all scopes, particularly Scope 1 and 2, which pertain to direct and indirect emissions from owned or controlled sources.
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.
Migdal Insurance 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.