Learn how your money could be affecting climate change
At Phoenix Wealth, we’re focusing on helping you towards a better financial future. As part of that, we’re working towards a more sustainable way of investing while looking after your savings.
Sustainability means meeting the needs of the present without compromising the ability of future generations to meet their own needs; as defined by the United Nations. That mind-set is also changing the way we invest money.
Climate change is the long-term shift in temperatures and weather patterns. How you’re investing could have either a positive or negative affect on tackling the climate crisis.
That's why we know we have a vital role to play in addressing the biggest challenges of our time, like climate change.
If there's no data shown for the fund you're invested in; this can either be because the fund does not hold any in scope assets for example cash and property are out of scope, or they're invested via an external manager and we're working closely with them to get the data. You can contact the external manager for their fund climate report by visiting their homepage from the links below.
Find out more about our commitment to sustainable investing and business practices.
As we move to a low-carbon economy, some companies could face significant financial challenges. This can happen through a number of ways. It could be a lack of demand
for their products or a lack of support from investors. It might be failure to
adapt to regulatory change or changes in the decisions people make when they’re
buying products or their actions when they use them.
On the other hand, there may be opportunities for growth in new markets from companies coming up with solutions to sustainable issues and challenges.
As part of Phoenix Group, Phoenix Wealth is taking action to invest in the future we all want. We've set clear targets to help fight climate change, and to drive a wider more positive impact on our sector and economy.
Read Phoenix Group's Sustainability Report to find out how we try to consider sustainability, responsible investing, and good governance in everything we do.
The value of any investment can go down as well as up and could be worth less than was paid in.