Phoenix Financial Ltd
Phoenix Financial's GHG Emissions Data Preview
In 2023, Phoenix Financial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Phoenix Financial has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Phoenix Financial's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Phoenix Financial amounted to 8,873 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Phoenix Financial increased by 9.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Phoenix Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Phoenix Financial's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Phoenix Financial were 3,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Phoenix Financial reduced its Scope 1 emissions over time?
Since 2019, Phoenix Financial's Scope 1 emissions have decreased by 11.2%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Phoenix Financial's Scope 1 emissions increased by 32.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Phoenix Financial's Scope 2 emissions?
In 2023, Phoenix Financial reported Scope 2 greenhouse gas (GHG) emissions of 4,902 tCOâ‚‚e without specifying the calculation method.
Has Phoenix Financial reduced its Scope 2 emissions over time?
Since 2019, Phoenix Financial's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 11.24%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Phoenix Financial's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Phoenix Financial 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Phoenix Financial use for Scope 2 reporting?
In 2023, Phoenix Financial reported its Scope 2 emissions using an unspecified methodology.
Phoenix Financial's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Phoenix Financial's Value Chain Emissions
In 2023, Phoenix Financial reported 550 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Phoenix Financial includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Phoenix Financial's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Phoenix Financial's Scope 3 emissions?
In 2023, Phoenix Financial reported total Scope 3 emissions of 550 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Phoenix Financial reduced its Scope 3 emissions over time?
Since 2019, Phoenix Financial's Scope 3 emissions have increased by 203.87%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Phoenix Financial's Scope 3 emissions decreased by 33.81%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Phoenix Financial disclose?
In 2023, Phoenix Financial reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Phoenix Financial's Scope 3 emissions?
In 2023, the largest contributors to Phoenix Financial's Scope 3 emissions were:
- Business Travel (Cat. 6): 550 tCOâ‚‚e (100%)
Phoenix Financial's Scope 3 Emissions by Categories
Insights into Phoenix Financial's Total Carbon Footprint
In 2023, Phoenix Financial reported a total carbon footprint of 9,423 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.32% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Phoenix Financial's total carbon footprint was Scope 2 emissions, accounting for 52.02% of the company's total carbon footprint, followed by Scope 1 emissions at 42.14%.