This ESG report covers the activities of Doral Group and selected subsidiaries in 2023. The report provides a comprehensive overview of all company activities, addressing economic, environmental, and social aspects, and presenting the Company’s processes and performance in its areas of operation. Additionally, the report includes other elements of the Group’s activities worldwide. The current report covers 100% of the group’s activities in Israel. We also review various aspects of the Group’s global activities.1
The report is written with reference to the international reporting guidelines – the GRI Standards 2021 and SASB guidelines. The report includes references to the UN’s Sustainable Development Goals (SDGs) and the Company’s strategic goals for the coming years. Furthermore, the report includes reference to the implementation of TCFD guidelines concerning the management of climate change risks and opportunities affecting the Company’s activities. Doral seeks to be a leader in all areas of its activity and is therefore studying the ESRS guidelines, even though it is not yet obligated to report in accordance with the CSRD directive. Reference to these guidelines is reflected in the GRI table and in part of the report content.
The company performs the environmental calculations through an external environmental consulting company and in accordance with the GHG protocol. The relevant indicators used in the scope’s calculation are according to the location-based method.
The purpose of the report is to reflect the most relevant information about the Company’s operational impacts on various stakeholders and how it manages these impacts. The Company will strive to publish a report periodically and update its stakeholders on significant changes and impacts between reporting periods.
This ESG report does not constitute part of Doral’s financial, immediate, or periodic reports. This report includes forward-looking statements (according to the Securities Law, 1968) that include expectations, forecasts, goals, assessments, and plans related to the Company’s activities. The statements presented in this report reflect Doral’s assessment and intentions during the reporting period and are subject to changes and updates. All information and data presented in this document reflect data about the Company’s activities as of the publication date and to the best of the Company’s knowledge. This document may include assessments, omissions, inclusions, errors, and/or inaccuracies. In any case of contradiction or discrepancy between the information presented in this report and the information appearing in the Company’s public financial reports published on the Israel Securities Authority and Tel Aviv Stock Exchange websites, the information in the latter public reports shall prevail. However, the information presented regarding employees is correct as of December 31, 2023, unlike the information presented in the financial reports.
For the GRI Index table and SASB standards, visit the following link.
For questions, comments, and concerns regarding the report and the content presented herein, contact:
Michal Weiss-Navon, VP Investor Relations, Corporate Secretary, Corporate Responsibility, and ESG Manager –
Michal@doral-energy.com
1 Mainly in terms of manpower and procurement.