Phoenix Group Holdings PLC
Phoenix Group Holdings's Climate Target Data Preview
As of 2024, Phoenix Group Holdings has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 intensity-based targets, 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 Group Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Investment | Copy restricted. Please purchase to unlock this data.  b | 2025 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Procurement Spent | Copy restricted. Please purchase to unlock this data.  b | 2030 |
Intensity-based Target | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Investment | Copy restricted. Please purchase to unlock this data. b | 2030 |
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Verified Sources Behind Phoenix Group Holdings’s Climate Targets Data
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Insights into Phoenix Group Holdings's Greenhouse Gas Emissions Pathways
As of 2024, Phoenix Group Holdings has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
Does Phoenix Group Holdings have a target to reduce the emissions from its operations?
As of 2024, Phoenix Group Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Phoenix Group Holdings's most ambitious operational target is to reduce these emissions by 76.47% by 2025, compared to a baseline of 1.7 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2019. a
Phoenix Group Holdings has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a
Phoenix Group Holdings's Operational (Scope 1+2) Emissions Pathway
Does Phoenix Group Holdings have a target to reduce the emissions from its value chain?
As of 2024, Phoenix Group Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. b
Phoenix Group Holdings's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Procurement Spent in 2022. b
As of 2024, Phoenix Group Holdings is ahead of schedule on its value chain emissions reduction target, having achieved 53.46% of the planned reduction. b