Phoenix Financial Ltd

Common Name
Phoenix Financial
Country
Israel
Sector
Financial Services
Industry
Insurance - Diversified
Employees
5,204
Ticker
PHOE
Exchange
TEL AVIV STOCK EXCHANGE
Description
Phoenix Financial Ltd. is a diversified financial services company providing an array of solutions geared towards meeting the financial needs of individuals, businesses, and institutions. Its primary ...

Phoenix Financial's Climate Target Data Preview

As of 2024, Phoenix Financial has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Phoenix Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
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Verified Sources Behind Phoenix Financial’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Phoenix Financial’s data sources below and access millions more through our Disclosure Search.

a. Phoenix Financial's Annual Report 2024
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Insights into Phoenix Financial's Greenhouse Gas Emissions Pathways

As of 2024, Phoenix Financial has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Phoenix Financial have a target to reduce the emissions from its operations?

As of 2024, Phoenix Financial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Phoenix Financial's most ambitious operational target is to reduce these emissions by 15% by 2027, compared to a baseline of 9,948.864 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Phoenix Financial is ahead of schedule on its operational emissions reduction target, having achieved 80% of the planned reduction. a

Phoenix Financial's Operational (Scope 1+2) Emissions Pathway

20192024202702.5 k5 k7.5 k10 kBaselineCurrent (-12%)
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