Phoenix Financial

The Phoenix develops and updates medium-term plans to identify opportunities and risks, prioritize initiatives, and develop capabilities across four growth engines: insurance, asset management, credit, and distribution.

The strategy of the Phoenix is to:

(1) accelerate the growth of activities that generate high returns on equity

(2) lead the industry with innovation and technology to drive efficiency and service

(3)Actively manage group activities to drive growth, capture synergies, and unlock and create value

(4) optimize capital management and deployment across the group against strategic priorities.

The Phoenix has adopted and publicly communicated this strategy and its key financial targets.

 As a leading institutional investor, the size, reputation, and capabilities of the Phoenix create distinctive access to Israel’s growing, vibrant, and innovative economy.

This broad base and strong position serves to identify and create opportunities for value creation for Phoenix’s clients and shareholders. 

The Phoenix investment team has deep expertise across Israeli equity, fixed income, infrastructure, real estate, and alternative investments.

The Phoenix invests in innovative technologies across various sectors (e.g., software and hardware, services, energy, agriculture, financial services) both directly and through venture capital funds.

In addition, the Phoenix has a significant and growing allocation to international investments and partners with best-in-class asset managers globally.

With a broad range of activities across the insurance, asset management, credit, and distribution businesses, the Phoenix group operates in a dynamic business environment that is influenced by the challenges of globalization, technological progress, climate change, and social and cultural changes.

As part of our strategic plan, we are deepening our ESG approach in a systematic way across organizational levels and throughout business activities related to our organizational footprint, our products and services, and our investments.

The group strategy includes developing broad infrastructure to manage ESG issues in a responsible, transparent manner.

While we have worked on many of these issues in the past, our multi-year work plan creates a strategic, systematic, and measurable approach to planning and execution.

Environment: We invest in protecting the environment through the consideration of environmental issues in our investments.

We identify risks that result from climate change and develop products and services that protect the environment and create environmental value.

We identify and implement organizational actions to reduce our impact
on the environment.

Social: We manage our employees in a responsible manner that takes into consideration diversity, development, and wellbeing.

We increase digitalization processes to improve our service for customers, agents, and business partners. We strengthen our involvement in the community.

Governance: We engage with stakeholders in a responsible, transparent manner, according to the highest standards of governance. We aim to integrate these standards into the companies that we invest in and insure.

The group ESG efforts are led by managers from the different businesses as well as the group level, with board-level oversight.