Maala Index 2025

Herzliya Development Company

Gold

Rated Since

2025

Category

Advanced

Sector

Municipal corporation

Ownership

Governmental

What the Index Measures

Municipal Corporations is the newest addition to the business sectors on the Maala Index, marking the integration and adoption of ESG and corporate responsibility standards within Israel’s municipal sphere.

Ethics & Core Values

  • Updated, organization-specific Code of Ethics
  • Implementation and internal enforcement
  • Stakeholder dialogue on ethical conduct
  • Regulatory compliance and disclosure

Employees & Workplace

  • Safe and supportive work environment
  • Employee well-being (personal & financial)

Diversity, Gender Equality & Accesibility

  • Gender balance and equity
  • Employment of diverse populations
  • Inclusive, multicultural and accessible work environment

Environment & Sustainability

  • Environmental management and governance
  • Key actions & Materiality 

Community Engagement

  • Employee volunteering

Corporate Governance

  • Board composition
  • Board responsibilities & training

Previous years