TEFRON LTD.
Climate Impact & Sustainability Data (2023, 2023-01 to 2023-09, 2023-01-01 to 2023-06-30, 2023-03-31)
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- The "Swords of Iron" war in Israel and the Houthi threat to Red Sea shipping routes caused delays (10-14 days) in raw material arrival from the East and shipment delivery to customers. Marine transportation costs tripled.
Mitigation Strategies
- The company notes that the impact on its results was not material. No other effects on the supply chain or costs are mentioned beyond the transportation delays and cost increases.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS