Max Stock Ltd., a prominent retail chain headquartered in Israel, has established itself as a leader in the discount retail industry since its founding in 1995. With a strong presence across major operational regions in Israel, the company offers a diverse range of products, including household goods, electronics, and personal care items, all at competitive prices. Renowned for its unique approach to value retailing, Max Stock Ltd. combines quality with affordability, catering to a broad customer base. The company has achieved significant milestones, including rapid expansion and a growing number of store locations, solidifying its market position as a go-to destination for budget-conscious shoppers. With a commitment to customer satisfaction and innovative product offerings, Max Stock Ltd. continues to thrive in the dynamic retail landscape.
How does Max Stock 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.
Mean score of companies in the Wholesale Trade 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.
Max Stock Ltd.'s score of 22 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Max Stock Ltd. reported a total carbon intensity of approximately 70.0 kg CO2e per square metre for Scope 1 and 2 emissions, with a specific carbon intensity of about 60.0 kg CO2e per square metre attributed to Scope 2 emissions, which primarily encompass electricity usage. This reflects a notable increase from 2022, where the total carbon intensity for Scope 1 and 2 was approximately 50.0 kg CO2e per square metre, and Scope 2 emissions also stood at 50.0 kg CO2e per square metre. Despite these figures, Max Stock Ltd. has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of defined climate pledges or Science-Based Targets Initiative (SBTi) commitments suggests that the company may still be in the early stages of formalising its climate strategy. Overall, while Max Stock Ltd. has made strides in tracking its carbon emissions, further transparency regarding reduction goals and initiatives would enhance its commitment to climate action.
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.
Max Stock 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.