CSR in Israel
The Israeli business community is enthusiastically embracing CSR.
When Maala was established in 1998, the concept of CSR was relatively unknown in Israel.
Nearly two decades later, CSR is an integral part of the business values of many Israeli companies. In 2016, 98 companies voluntarily participated in the annual Maala CSR Index. These 75 large companies and 23 small and mid-size companies together comprise 310,000 employees, annual sales of 365 billion shekels (c. US$94 billion), representing approximately one-third of Israel’s GDP*.
CSR reporting has become more commonplace, with the banking, food industry and communications sectors leading the way.
Over the past decade, Israel’s business community has increasingly focused its attention on social and community-based issues such as youth, education, health and welfare issues, the country’s widening economic gap, as well as environmental issues such as waste, water resources and air quality.
More recently, as significant progress has been made on these fronts, emphasis has shifted to issues such as diversity in the workplace, equal opportunity employment and protecting the rights of workers, including contract workers.
Maala helps companies add value to the bottom line and to society.
Among its primary functions, Maala continues to show companies how to integrate social, ethical and environmental considerations into their strategic planning and practices, and how, when done properly, to positively impact their bottom line.
The globalization trend, fostered by the presence of multinational corporations with a history of commitment to CSR, has created an environment favorable for cooperation and community-mindedness.
Maala continues to work hand-in-hand with the business sector, national and local government, non-profits, academia, the media and the general public to encourage cooperation that strengthens and benefits all involved.
*Using 2014 estimate of $286.84 billion.