Chesnara
Chesnara plc, commonly known as Chesnara, is a prominent life and pensions company headquartered in Great Britain. Established in 2000, the firm has made significant strides in the financial services industry, focusing on the management and administration of life insurance and pension products. With a strong operational presence in the UK and Europe, Chesnara has built a reputation for its commitment to customer service and efficient management of policyholder assets. The company offers a range of core services, including life insurance, annuities, and pension administration, distinguished by its customer-centric approach and innovative solutions. Chesnara's strategic acquisitions and robust financial performance have solidified its market position, making it a trusted name in the life and pensions sector. With a focus on sustainable growth, Chesnara continues to adapt to the evolving needs of its clients while maintaining a strong commitment to regulatory compliance and operational excellence.
DitchCarbon Score
How does Chesnara'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
Chesnara's score of 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chesnara's reported carbon emissions
In 2023, Chesnara reported total carbon emissions of approximately 4,961,000 kg CO2e. This figure includes 83,000 kg CO2e from Scope 1 emissions, 97,000 kg CO2e from Scope 2 emissions, and a significant 4,781,000 kg CO2e from Scope 3 emissions, which encompasses business travel, upstream leased assets, purchased goods and services, and upstream transportation and distribution. In 2022, the company recorded total emissions of about 3,394,000 kg CO2e, with Scope 1 emissions at 74,000 kg CO2e, Scope 2 at 79,000 kg CO2e, and Scope 3 at 3,241,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Chesnara has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they continue to report on their emissions across all scopes, demonstrating a commitment to transparency in their climate impact. The company’s emissions per full-time equivalent (FTE) have varied over the years, with figures such as 8,811.6 kg CO2e per FTE in 2020 and 2,659.5 kg CO2e per FTE in 2022, reflecting their ongoing efforts to monitor and manage their carbon emissions. Overall, while Chesnara has not set formal reduction targets, their emissions reporting indicates a focus on understanding and addressing their climate impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 00,000 |
| Scope 2 | 15,700 | 000,000 | 00,000 | 00,000 |
| Scope 3 | 156,200 | 000,000 | 000,000 | 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.
Chesnara 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.
