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The Israeli President, Mr. Isaac Herzog and Israel’s top CEO’s pariticipate this morning in the Tel-Aviv Stock Exchange (TASE) to open the trading and to mark Maala’s 2022 corporate social responsibility ratings for 2023.
For the first time, Maala’s includes diversity, and equality rating in the ESG rating, in cooperation with the Equal Employment Opportunity Commission.
The distinguished participants of the ceremony included the President of Israel, Mr. Issac Herzog; the Chair of Maala and Chair of Isracard, Tamar Yassur; the CEO of Maala, Momo Mahadav; the Equal Employment Opportunity Commissioner, Mariam Kabaha; Ittai Ben Zeev, TASE CEO and Hani Shitrit-Bach, EVP and Head of Listings at TASE, and many other Israeli companies executives.
President of Israel, Mr. Isaac Herzog: “As a society, we have always been able to harness the business sector to address the challenges of the community, for better prospects for all. In these troubled times of dispute and division, Israeli society needs a new direction of ‘exchanging words’ - exchanging hurtful, divisive and aggressive speech for meaningful, sincere and communicative speech. Listen, respect and never allow dissent to evolve into hatred.
In the past months, groups from all sectors of Israeli society have been visiting the President’s Residence. These are the first steps of an ambitious project, ‘Exchanging Words’, which is designed to provide tools and create foundations for dialog and a healthy debate.”
Momo Mahadav, CEO of Maala: “The 2023 rating reflects, among others, the commitment of the corporate market leaders to the advancement of gender equality and diversity in the workplace. The systematic measurement over the years reveals both the progress made and the gaps that need to be addressed. I commend the rated companies on their achievements and progress.”
Hani Shitrit Bach, EVP and Head of Listings at TASE, said: “We, at TASE, value the advancement of ESG and over the past year have implemented a variety of steps to further increase the public companies’ awareness to ESG and their development of respective norms. Many studies show that companies that pursue ESG values generate better yields for their investors. I believe that more Israeli companies will align with the global trend and pursue social, environmental and corporate responsibility and expect to see a growing number of companies publish ESG reports in the coming years, thereby attracting more investors and obtaining more substantial investments from both foreign and Israeli investors.”
Among the dignitaries to press the Opening Bell - a notable group of market executives that head the companies included in the Maala Index: bank executives - Chairman and CEO of Discount, Shaul Kobrinsky and Avi Levy, CEO of Bank Hapoalim, Dov Kotler, CEO of Mizrahi-Tefahot, Moshe Larry, TASE CEO, Ittai Ben Zeev, CEO of ZIM, Eli Glickman, Chairman of Rafael, Amir Peretz, CEO of Shufersal, Ori Watermann, CEO of Tnuva, Gadi Cunia, CEO of InDIGO HP, Noam Zilbershtain, CEO of ICL, Raviv Zoller, Chairman and CEO of Ayalon Insurance, Avigdor Kaplan and Sharon Reich, CEO of Assuta, Gidi Leshetz, CEO of Israel Electric Corporation, Meir Spiegler, Chairman of Deloitte, Ilan Birnfeld, Chairman of Delta Galil Industries Ltd., Noam Lautman, Chairman of The Phoenix Holdings, Benny Gabbay, Chairman of Menora Mivtachim, Yehuda Ben Assayag, CEO of Tambur, Micha Schreier, Chair and CEO of Isracard, Tamar Yassur and Ran Oz, CEO of Schindler Lifts, Anat Cohen, CEO of Tigbur Group, Orit Benvenisti, CEO of AIG, Yifat Reiter, CEO of L’Oréal, Elie Sagiv, CEO of Dan Hotels, Shlomi Tahan, CEO of Netafim, Gaby Miodownik, CEO of Ayalon Highways, Orly Stern, CEO of NTI, Nissim Peretz, CEO of Migdal Insurance, Ronen Agassi, CEO of Ashdod Port, Eli Bar Yossef, CEO of Energean, Shaul Zemach, CEO of Gornitzky, Adi Nahmias, Partner in Erdinast, Ben Nathan, Toledano & Co law firm, Doni Toledano.
Photography credit: Avshalom Sassoni
