Lloyds Banking Group Pensions Trustees Limited
Lloyds Banking Group Pensions Trustees Limited, often referred to as Lloyds Pensions, is a prominent player in the UK pensions industry, headquartered in Great Britain. Established as part of Lloyds Banking Group, the company has evolved to manage a diverse range of pension schemes, ensuring financial security for its members. With a focus on delivering robust pension solutions, Lloyds Pensions offers services that include scheme administration, investment management, and risk management. Their commitment to transparency and member engagement sets them apart in a competitive market. Over the years, the company has achieved significant milestones, reinforcing its position as a trusted trustee in the pensions sector. Lloyds Pensions is recognised for its strong governance practices and innovative approach, making it a key contributor to the financial well-being of its beneficiaries across the UK.
DitchCarbon Score
How does Lloyds Banking Group Pensions Trustees Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lloyds Banking Group Pensions Trustees Limited's score of 33 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lloyds Banking Group Pensions Trustees Limited's reported carbon emissions
In 2023, Lloyds Banking Group Pensions Trustees Limited reported total carbon emissions of approximately 33,700,000,000 kg CO2e, comprising 10,200,000,000 kg CO2e from Scope 1, 10,800,000,000 kg CO2e from Scope 2, and 33,700,000,000 kg CO2e from Scope 3 emissions, which includes 21,000 kg CO2e from downstream transportation and distribution. Over the years, the company has shown a commitment to reducing its carbon footprint. For instance, from 2019 to 2023, Scope 1 emissions decreased from 11,000,000,000 kg CO2e to 10,200,000,000 kg CO2e, while Scope 2 emissions saw a slight reduction from 12,500,000,000 kg CO2e to 10,800,000,000 kg CO2e. However, Scope 3 emissions have remained relatively stable, with minor fluctuations. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Lloyds Banking Group Pensions Trustees Limited. The company continues to monitor its emissions and engage in sustainability practices, aligning with industry standards for climate action.
Unlock detailed emissions data
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 11,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 12,500,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | 35,700,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lloyds Banking Group Pensions Trustees Limited is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
