Phoenix Group Holdings PLC 2023 AR2
The report highlights Phoenix Group's strong financial and operational performance in 2023, achieving its 2025 organic growth target two years early with £1.5 billion of new business long-term cash generation. The company delivered £2.0 billion of total cash generation and grew its IFRS adjusted operating profit by 13% to £617 million. On sustainability, Phoenix Group published its first Net Zero Transition Plan, outlining steps to achieve net-zero emissions across its business by 2050. Additionally, the company achieved its highest-ever colleague engagement score of +32 and successfully completed one of the largest UK insurance Part VII transfers.
Company: Phoenix Group Holdings PLC
Sector: Finance & insurance
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 328
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Phoenix Group Holdings PLC
Annual Report And Accounts
The report highlights Phoenix Group's strong financial and operational performance in 2023, achieving its 2025 organic growth target two years early with £1.5 billion of new business long-term cash generation. The company delivered £2.0 billion of total cash generation and grew its IFRS adjusted operating profit by 13% to £617 million. On sustainability, Phoenix Group published its first Net Zero Transition Plan, outlining steps to achieve net-zero emissions across its business by 2050. Additionally, the company achieved its highest-ever colleague engagement score of +32 and successfully completed one of the largest UK insurance Part VII transfers.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 21, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees