Phoenix Financial Ltd
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2027 |
Verified Sources Behind Phoenix Financial’s Climate Targets Data
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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