Phoenix Group

Phoenix Group reported total emissions of approximately 25.1 billion kg CO2e in 2024. This includes about 66.9 million kg CO2e from Scope 1, approximately 49.2 million kg CO2e from Scope 2 (market-based), and about 25 billion kg CO2e from Scope 3. The company aims to reduce carbon emissions in its own operations (Scope 1 and Scope 2) by 42% by 2030, compared to 2021/22 levels, and plans to achieve carbon neutrality from 2030 onwards by purchasing credits for remaining emissions.

In 2023, Phoenix Group's total emissions were approximately 10.2 billion kg CO2e, with Scope 1 emissions at about 52.8 million kg CO2e, Scope 2 (market-based) at approximately 52.4 million kg CO2e, and Scope 3 at about 10.1 billion kg CO2e. Looking back to 2022, the company reported Scope 1 emissions of approximately 56.9 million kg CO2e, Scope 2 (market-based) emissions of about 52.6 million kg CO2e, and Scope 3 emissions of approximately 9.8 billion kg CO2e.

The company's emissions data for 2021 shows Scope 1 emissions of approximately 56.9 million kg CO2e, Scope 2 (market-based) emissions of about 52.6 million kg CO2e, and Scope 3 emissions of approximately 9.6 billion kg CO2e. In 2020, Phoenix Group reported Scope 1 emissions of approximately 53.1 million kg CO2e and Scope 2 emissions of about 7.3 million kg CO2e.