Phoenix Holdings, a prominent player in the insurance and pension funding services sector, is headquartered in Israel (IL). Established in 1996, the company has grown to become a leader in providing innovative financial solutions, focusing on life insurance, pension funds, and investment services. With a strong presence across major operational regions, Phoenix Holdings has consistently delivered tailored products that meet the diverse needs of its clients.
The company is renowned for its unique approach to risk management and customer service, setting it apart in a competitive market. Over the years, Phoenix Holdings has achieved significant milestones, solidifying its market position and reputation for reliability. As a trusted name in the industry, Phoenix Holdings continues to evolve, adapting to changing market dynamics while maintaining a commitment to excellence in service delivery.
+11 vs industry average
Phoenix Holdings’s score of 48 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Phoenix Holdings's reported carbon emissions
Phoenix Holdings, headquartered in IL and operating in the insurance and pension funding services sector, has reported significant carbon emissions across its operations. For the 2025 reporting year, the company's total emissions were approximately 18.02 million kg CO2e, comprising 4.34 million kg CO2e from Scope 1, 6.17 million kg CO2e from Scope 2, and 7.56 million kg CO2e from Scope 3. In 2024, total emissions stood at approximately 8.98 million kg CO2e (3.78 million kg CO2e Scope 1, 4.97 million kg CO2e Scope 2, and 0.23 million kg CO2e Scope 3). The previous year, 2023, saw total emissions of approximately 10.21 million kg CO2e (4.03 million kg CO2e Scope 1, 4.90 million kg CO2e Scope 2, and 1.24 million kg CO2e Scope 3). Emissions in 2022 were approximately 8.12 million kg CO2e (2.99 million kg CO2e Scope 1, 5.13 million kg CO2e Scope 2, and 0.99 million kg CO2e Scope 3). In 2021, total emissions were approximately 8.57 million kg CO2e (3.10 million kg CO2e Scope 1, 5.27 million kg CO2e Scope 2, and 0.21 million kg CO2e Scope 3). For 2020, total emissions were approximately 8.29 million kg CO2e (3.01 million kg CO2e Scope 1, 5.26 million kg CO2e Scope 2, and 0.02 million kg CO2e Scope 3). In 2019, total emissions were approximately 10.18 million kg CO2e (4.47 million kg CO2e Scope 1, 5.52 million kg CO2e Scope 2, and 0.18 million kg CO2e Scope 3).
Phoenix Holdings has established ambitious climate commitments. The company aims to achieve net zero emissions by 2050, encompassing both Scope 1 and Scope 2 emissions. Furthermore, Phoenix Holdings has set a near-term target to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade, specifically by 2025. The company's latest sustainability reporting notes that data for Scope 3 emissions related to purchased goods and services is currently missing.
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Phoenix Holdings’s Climate Goals (2030 & 2050)
4 goals2050
We aim to achieve net zero emissions by 2050
We aim to achieve net zero emissions by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 4 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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