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Israeli firms take leadership role

February 2002

Ten companies in Israel have agreed to act as a ‘leadership group’ on corporate social responsibility.

The firms, which include First International Bank and Cellcom, Israel’s largest telecoms provider, have formed the group as part of a restructuring of Business for Social Responsibility in Israel (Maala), a non-profit group set up in 1998 that has now become a membership organization.

Each company in the group has made an annual £7000 ($10,000) commitment to Maala.

Maala president Talia Aharoni said the commitment displayed by members was ‘in sync with the general growth in participation [in CSR] over the past year’. He added: ‘The recent instability and inability to influence the macro situation in our region has led businesses to focus even more on community and social investment, including community projects in the Israeli Arab sector. ’

The other companies in the leadership group are: Evergreen Ventures (venture capital); Fishman Holdings and Israel Corporation (both holding companies); Globes (publishing); Leumi Card (credit house); Strauss Elite Group (food); Teva (pharmaceuticals), and Ziv and Haft BDO (accountancy).

 




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