Phoenix Holdings, a prominent player in the financial services sector, is headquartered in Israel (IL) and operates extensively across various regions. Founded in 1996, the company has established itself as a leader in investment management, insurance, and asset management, catering to a diverse clientele. With a focus on innovative financial solutions, Phoenix Holdings offers unique products such as life insurance, pension plans, and investment funds, designed to meet the evolving needs of its customers. The firm is recognised for its robust market position, consistently achieving significant milestones in growth and customer satisfaction. As a trusted name in the industry, Phoenix Holdings continues to enhance its offerings, leveraging advanced technology and expert insights to deliver exceptional value to its clients.
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.
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.
Phoenix Holdings's score of 51 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Phoenix Holdings reported total carbon emissions of approximately 8,755,000 kg CO2e, comprising 3,783,000 kg CO2e from Scope 1, 4,972,000 kg CO2e from Scope 2, and 226,000 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2023, where total emissions were about 8,935,000 kg CO2e, with Scope 1 emissions at 4,033,000 kg CO2e, Scope 2 at 4,902,000 kg CO2e, and Scope 3 at 1,244,000 kg CO2e. In 2022, the company reported total emissions of around 8,117,000 kg CO2e, with Scope 1 emissions at 2,990,000 kg CO2e, Scope 2 at 5,126,000 kg CO2e, and Scope 3 at 988,000 kg CO2e. The trend indicates a commitment to reducing emissions over the years, although specific reduction targets or initiatives have not been disclosed. Phoenix Holdings does not currently have any publicly stated science-based targets (SBTi) or documented reduction initiatives. The emissions data is sourced directly from Phoenix Financial Ltd, with no cascading from a parent or related organization. The company continues to monitor its carbon footprint as part of its broader climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 3,095,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 5,267,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 211,000 | 000,000 | 0,000,000 | 000,000 |
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 not participating in any of the initiatives that 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.