Phoenix Holdings
Phoenix Holdings, also known as The Phoenix Group, is a prominent player in the financial services industry, headquartered in Great Britain. Established in 2006, the company has rapidly evolved, focusing on life insurance and asset management, with a strong presence across the UK and Europe. The Phoenix Group is renowned for its innovative approach to managing and consolidating closed life insurance books, offering unique solutions that cater to the needs of policyholders and investors alike. With a commitment to sustainability and responsible investment, the company has achieved significant milestones, including strategic acquisitions that have bolstered its market position. Recognised for its robust financial performance and customer-centric services, Phoenix Holdings continues to set industry standards, making it a trusted name in the financial landscape.
DitchCarbon Score
How does Phoenix Holdings'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.
Industry Average
Mean score of companies in the Insurance Services 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.
Industry Benchmark
Phoenix Holdings's score of 63 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Phoenix Holdings's reported carbon emissions
In 2023, Phoenix Holdings reported total carbon emissions of approximately 11,357,000 kg CO2e. This figure includes 2,433,000 kg CO2e from Scope 1 emissions, 23,000 kg CO2e from Scope 2 emissions, and 8,275,000 kg CO2e from Scope 3 emissions. Over the years, the company has made significant strides in reducing its carbon footprint, achieving a total reduction from 2020's emissions of 13,490,000 kg CO2e. Phoenix Holdings has set ambitious climate commitments, aiming for net-zero emissions by 2050. This long-term goal includes a target to reduce emissions by 50% by 2030, covering Scope 1, Scope 2, and various categories of Scope 3 emissions. The company is committed to aligning its strategies with the Science Based Targets initiative (SBTi), reinforcing its dedication to sustainable practices within the financial sector. Overall, Phoenix Holdings is actively working towards a more sustainable future, with a clear roadmap for emissions reduction and a commitment to achieving net-zero status.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,501,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 50,966,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 |
| Scope 3 | 115,987,000 | 000,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions 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 Holdings is committed to some 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.
