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Gateway to CSR in Israel

New knowledge center offering insight and engagement with the Israeli CSR & sustainability community

Gateway to CSR in Israel

New knowledge center offering insight and engagement with the Israeli CSR & sustainability community

Published 07-30-19

Submitted by Maala - Business for Social Responsibility

Maala International Conference. Photos by: Yoav Zohar and Netanel Tobias

A new knowledge center, softly launched last year and now fully operational, serves as the gateway to sustainability and corporate responsibility in Israel. The work done in Israel is now accessible to CSR and sustainability professionals interested in the Israeli market, as well as global companies operating in Israel or looking to enter the Israeli market. The website provides useful insight and data on businesses sustainability efforts in Israel. It includes: reports on various issues and business sectors; the Israeli Globescan Radar public opinion survey on public expectations and trust in businesses; the Israeli ESG Index; and additional insight on sustainability and business responsibility in Israel.

Sustainability and corporate responsibility are on the rise in Israel, and businesses are adopting a broader stakeholder approach in their business strategies. The actions and steps they are taking have a significant contribution to inclusive growth in Israel. This was the background for launching the gateway to sustainability and corporate responsibility in Israel. 

One of the main avenues of the corporate responsibility arena in Israel is the Maala ESG Index, also accessible on the new knowledge center. The index annually rates leading companies in the Israeli market on their ESG performance. The criteria of the index questionnaire are set in line with global standards, while adapting to fit local priorities and acute social issues in Israel. Thus, the index paints a relatively accurate picture of ESG performance in the Israeli market, which is translated into investment opportunities on the Tel Aviv Stock Exchange.

The website also offers opportunities to engage with the Israeli sustainability and corporate responsibility community, primarily through the annual Maala International Conference, which will be held on 4-5th December, 2019, in Tel Aviv.

The knowledge center is facilitated and updated by Maala – Business for Social Responsibility. Maala is a non-profit corporate membership organization promoting sustainability and corporate responsibility in Israel. Founded in 1998, Maala is considered as the Israeli standards-setting organization, annually publishing the Maala ESG Indices on the Tel Aviv Stock Exchange. Maala also serves as a ‘hub’ of the Israeli CSR community within Israel and in representing Israel within global CSR and sustainability networks.

For further information, insight and data, we welcome you to contact us at: elisha@maala.org.il.

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Maala - Business for Social Responsibility

Maala - Business for Social Responsibility

Maala is a non-profit corporate membership organization promoting ESG and corporate social responsibility (CSR) in Israel. Founded in 1998, Maala is considered as the ESG standards-setting organization in Israel. Presently, the membership organization is comprised of some 130 members, Israel’s largest companies.

Maala publishes the Maala ESG indexes annually on the Tel Aviv Stock Exchange, and as of 2016 organizes an annual international conference in Tel Aviv.

Our Mission

Helping companies increase their social and environmental impact

  • Sharing practices & mutual learning
  • Flagging priorities & developing joint initiatives
  • Setting voluntary standards for business in Israel

Driving Change through

  1. A network of 120 member companies, Israeli and global companies operating in Israel 2. A hub for sustainable business practices, solutions and cross-sector collaboration.
  2. An annual CSR index rating 153 companies, also traded on the Tel Aviv Stock Exchange.

Maala ESG Index Facts & Figures

  1. Over 150 companies rated. (vs. 47 when the index was launched in 2006)
    - Approx. half are of Israel’s large companies, rated on the Maala Advanced Index
    - Approx. half are of Israel’s mid-size companies, rated on the Maala Basic Index
  2. Aggregate revenue: $137 billion; over 350,000 employees
  3. TA Maala Index includes half of the total market value traded on the TASE.

Maala ESG Index Main Features

  1. National based index – a prestigious Israeli business club
  2. Local adaptation of global ESG and sustainability standards
  3. A guidebook for local expectations and priorities
  4. Reflects local market business culture

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