Phoenix New Media Limited Sustainability Profile
Phoenix New Media Limited, often referred to as Phoenix New Media or simply Phoenix, is a prominent digital media company headquartered in China (CN). Founded in 2007, the company has established itself as a key player in the online media industry, primarily focusing on news and entertainment content. With a strong presence in major operational regions across China, Phoenix New Media delivers a diverse range of services, including video streaming, mobile applications, and social media platforms. The company is renowned for its unique blend of traditional journalism and innovative digital solutions, catering to a vast audience seeking timely and engaging content. Over the years, Phoenix New Media has achieved significant milestones, solidifying its market position as a trusted source of information and entertainment. Its commitment to quality and user experience continues to set it apart in the competitive landscape of digital media.
DitchCarbon Score
How does Phoenix New Media Limited'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 Telecommunications 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 New Media Limited's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Phoenix New Media Limited's reported carbon emissions
In 2022, Phoenix New Media Limited reported its carbon emissions data, which is cascaded from its parent company, Phoenix Media Investment (Holdings) Limited. The company has not disclosed specific emissions figures for Scope 1, Scope 2, or Scope 3 emissions, indicating a lack of detailed reporting in these areas. Despite the absence of specific emissions data, Phoenix New Media Limited is part of a corporate family that is expected to adhere to industry standards for climate commitments. However, there are currently no documented reduction targets or climate pledges associated with the company. As a current subsidiary, Phoenix New Media Limited's climate initiatives and commitments may be influenced by the broader strategies of its parent organisation, but specific details on these initiatives are not available. The company’s approach to sustainability and carbon management remains vague, with no clear targets set for emissions reduction or climate action. Overall, while Phoenix New Media Limited is positioned within a corporate structure that may prioritise sustainability, the lack of specific emissions data and reduction commitments highlights an area for potential improvement in transparency and accountability regarding its climate impact.
How Carbon Intensive is Phoenix New Media Limited's Industry?
How Carbon Intensive is Phoenix New Media Limited's Location?
Phoenix New Media Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Phoenix New Media Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
