Maala is a non-profit corporate membership organization promoting corporate social responsibility (CSR) in Israel. Founded in 1998, Maala is considered as the CSR standards-setting organization in Israel. Presently, the membership organization is comprised of some 115 members, Israel’s largest companies. Maala publishes the Maala ESG index annually on the Tel Aviv Stock Exchange, and as of 2016 organizes an annual international CSR conference in Tel Aviv
CSR IN ISRAEL
Corporate social responsibility is an integral part of the business values of many Israeli companies. In 2018, 150 companies voluntarily participated in the annual Maala ESG Rating. These companies together comprise some 310,000 employees, annual sales of 410 billion shekels (c. US$118 billion), representing approximately one-third of Israel’s GDP.