Public Profile

Phoenix

Phoenix Group, headquartered in Delaware, is a prominent player in the insurance and financial services industry. Founded in 1999, the company has established a strong presence across Europe, particularly in the UK and Germany. Specialising in life insurance, pensions, and asset management, Phoenix Group is recognised for its innovative approach to financial solutions, catering to a diverse clientele. The company’s core offerings include life insurance policies and retirement planning services, distinguished by their customer-centric design and flexibility. Over the years, Phoenix Group has achieved significant milestones, including strategic acquisitions that have bolstered its market position. With a commitment to sustainability and responsible investment, Phoenix Group continues to set benchmarks in the industry, making it a trusted name in financial security.

DitchCarbon Score

How does Phoenix's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

35

Industry Average

Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

0

Industry Benchmark

Phoenix's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Phoenix's reported carbon emissions

As of 2023, Phoenix's total carbon emissions reached approximately 10,148,707,000 kg CO2e globally, with significant contributions from Scope 1 (52,796,000 kg CO2e), Scope 2 (72,053,000 kg CO2e), and a substantial Scope 3 total of about 10,148,707,000 kg CO2e. In Germany, emissions for the same year were not specified, but previous years indicate a trend of emissions around 55,686,000 kg CO2e in 2021, with Scope 1 at 6,886,000 kg CO2e, Scope 2 at 15,289,000 kg CO2e, and Scope 3 at 33,511,000 kg CO2e. Phoenix has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction, yet it currently lacks formal commitments to align with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
2015201620172018201920202021202220232024
Scope 1
20,501,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
47,693,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
140,907,000
000,000,000
00,000,000
00,000,000
00,000,000
-
-
0,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Phoenix's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Phoenix is headquartered in DE, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Phoenix is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers