Mekorot Water Company Ltd.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1,257,776 tCO2e/year
Scope 1 Emissions:1,123,651 tCO2e/year
Scope 2 Emissions:11,446 tCO2e/year
Renewable Energy Share:27.6% (vehicles)
Total Energy Consumption:2,354,800 MWh/year
Waste Generated:276.85 tons/year (hazardous)
ESG Focus Areas
- Water supply resilience
- Integrative water management
- Ethics and prevention of corruption
- Transmission system efficiency
- Occupational health and safety
- Energy efficiency
- Innovation and technology
- Fairness to customers and customer satisfaction
- Compliance with standards and regulation
- Environmental management and the climate crisis
Environmental Achievements
- Reduced greenhouse gas emissions by 15% between 2020 and 2022
- 27.6% of vehicles are hybrid or electric
- Reduced hazardous waste generation by approximately 7.5% from the previous year
- Restored approximately 30 MCM of water to nature
Social Achievements
- Achieved a Platinum Plus rating on the Maala index and top place among infrastructure companies
- Improved Employee Service Center and implemented an advanced platform for employee information and tools
- Conducted a customer satisfaction survey
- Reduced work accidents per 100 employees to 1.7 in 2022 (from 1.8 in 2021)
Governance Achievements
- Established an ESG Administration to formulate a dedicated ESG strategy
- Approved ESG strategic plan with 25 strategic objectives
- Implemented an enforcement plan to ensure compliance with securities laws
- Achieved ISO 9001 certification in the first half of 2023
Climate Goals & Targets
Long-term Goals:
- Supply 32 MCM of water to southern Arava and 70 MCM to middle Arava by 2030
- Net-zero emissions by 2050 (implied)
Medium-term Goals:
- Achieve 50% of critical suppliers publishing ESG reports and signing the Mekorot Code of Ethics by 2025
- Invest NIS 5 million in research and development by 2025
Short-term Goals:
- Reduce water loss by 8% by 2025 and 15% by 2030
- Reduce deviations from groundwater pumping license by 2025
Environmental Challenges
- Climate change and global warming causing reduced water availability
- Water scarcity in Judea and Samaria
- Severe water crisis in the Gaza Strip
- Cybersecurity threats
- Potential for contamination of water sources
Mitigation Strategies
- Transition to seawater desalination
- Development of advanced technologies for water security and quality
- Integrative water management from a variety of sources
- Implementation of advanced risk-assessment and event management systems
- Nationwide environmental surveys to identify potential sources of pollution
Supply Chain Management
Responsible Procurement
- Preference for local suppliers
- Green purchasing criteria
- Oversight of employment conditions
- Supplier evaluation process
- Mekorot Code of Ethics
Climate-Related Risks & Opportunities
Physical Risks
- Droughts
- Floods
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products and services
- Expansion of desalination
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 17025, ISO 27001
UN Sustainable Development Goals
- SDG 6: Clean Water and Sanitation
- SDG 7: Affordable and Clean Energy
- SDG 9: Industry, Innovation and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- SDG 15: Life On Land
Mekorot's actions contribute to these goals through water infrastructure development, renewable energy use, sustainable water management, and environmental protection.
Awards & Recognition
- Platinum Plus rating from Maala