Doral’s Contribution to Reducing Emissions and Addressing for Climate Change

Doral, through its core activity of initiating and establishing renewable energy systems as an alternative to fossil fuels, effectively implements the transition from polluting energy production to green energy production across a wide range of applications and technologies. In doing so, the Company aligned with Israel’s efforts to increase the share of renewable energy in total electricity production, as well as the global effort to transition to renewable energy and reduce greenhouse gas emissions, as well as supporting ancillary regulations.

Doral’s green electricity production in Israel in 2023 amounted to 351.3 GWh, which in conventional production would result in emissions equivalent to approximately 160,276 tons of CO2e (carbon dioxide equivalents). By 2030, Doral’s cumulative contribution to global emissions reduction is expected to reach 11,689,734 tons of CO2e.¹ This savings is in addition to the 160,276 tons of CO2e we prevented in 2023.Cumulative savings rate of carbon dioxide equivalents (tons of CO2e) by 2030, based on the Company’s forecasts until 2026 (for the remaining years, the 2026 data was multiplied).

Doral’s environmental management in Israel is carried out on a project basis by project managers in collaboration with a range of leading environmental consultants contracted by the Company. These consultants support regulatory compliance from the project’s inception to its operation. The environmental consultants use monitoring and control systems to assess the environmental impacts at the Company’s production facilities.

In Doral Environmental Infrastructure projects, the best available techniques (BAT) are a mandatory guideline from the Ministry of Environmental Protection during the planning and establishment of biogas facilities and waste-to-energy facilities. Accordingly, the Company collaborates technologically and commercially with the world’s leading and most experienced technology companies.

At the beginning of 2023, Doral appointed a designated manager for environmental sustainability within the Company and began the process of implementing an environmental quality management system and supporting procedures.

As mentioned, the Company’s environmental consultants use monitoring and control systems to assess environmental impacts at the Company’s production facilities. Additionally, the Company has initiated an environmental compliance survey process to establish a system for managing, controlling, and monitoring its environmental activities, intending to implement this system by the end of 2025.

As part of the Company’s annual plans, a periodic review is conducted to assess the energy efficiency of the equipment used by the Company, such as technological systems, energy storage facilities, and office buildings. If necessary, the Company allocates a budget for improvements in these systems.

Doral, driven by a genuine desire to promote a more sustainable and greener environment, attracts employees who are committed to our vision of reducing their carbon footprint.

Doral provides a supportive environment for initiatives from our employees and works in our daily operations to reduce the Company’s environmental footprint. This includes transitioning from single-use items to reusable utensils in our offices, separating bottles for recycling, collecting coffee capsules for recycling, installing dishwashers in each company kitchen, implementing strict printing policies, transitioning to hybrid vehicles, establishing electric vehicle charging stations, and beginning the process of transitioning to electric vehicles for our corporate vehicle fleet, expected to be completed by the end of 2030.

¹ The emissions savings were calculated based on the production rate and the addition of facilities during the year, as of the end of that year. The calculation of emissions prevention in Israel is based on data from the Ministry of Environmental Protection. In the U.S., it is based on EPA data, and in Europe, it is based on electricity grid emissions data according to local coefficients for each country separately.