Phoenix Group
Sustainability Report and Carbon Intensity Rankings
Is Phoenix Group doing their part?
Their DitchCarbon score is 50
Phoenix Group has a DitchCarbon Score of 50, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their output. A score of 50 suggests that Phoenix Group has room for improvement in reducing their carbon intensity to enhance their environmental performance.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Phoenix Group operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
The Phoenix Group operates in the United Kingdom, which has a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint through location-based advantages.
Unlock 30+ emissions data points on Phoenix Group
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Phoenix Group
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
0.83%
...this company is doing 0.83% worse in emissions than the industry average.
Phoenix Group, based in London, operates within the finance sector and was founded in 1857. As the UK’s largest specialist closed life and pension fund consolidator, the company manages over £76 billion in assets and serves more than 6.1 million policyholders. Phoenix Group excels in the efficient management of existing policies, focusing on economies of scale and capital efficiency through operational improvements.
Good news, Phoenix Group has embraced SBTi commitments
Phoenix Group has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop a detailed plan to significantly cut its carbon footprint to prevent the worst impacts of climate change.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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