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 18 is lower than 52% 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 reported Scope 1 emissions were 450,000 kg CO2e, indicating a significant focus on managing indirect emissions. Despite the substantial emissions figures, O.Y. Nofar Energy Ltd has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company operates without cascading emissions data from a parent organization, maintaining its own reporting standards. Overall, O.Y. Nofar Energy Ltd's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the context of global climate commitments. The lack of formal reduction targets suggests an opportunity for the company to enhance its climate strategy and align with industry best practices.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 450,000 | - |
| 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.
