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 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chesnara's reported carbon emissions
In 2023, Chesnara reported total carbon emissions of approximately 4,961,000 kg CO2e. This includes Scope 1 emissions of about 83,000 kg CO2e, Scope 2 emissions of around 97,000 kg CO2e, and significant Scope 3 emissions totalling approximately 1,290,000 kg CO2e. Notably, the Scope 3 emissions are largely driven by purchased goods and services, which account for about 4,035,000 kg CO2e, alongside substantial contributions from business travel and upstream leased assets. Comparatively, in 2022, Chesnara's total emissions were about 3,394,000 kg CO2e, with Scope 1 emissions at approximately 74,000 kg CO2e, Scope 2 at around 79,000 kg CO2e, and Scope 3 emissions reaching about 146,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. Chesnara has not set specific reduction targets or initiatives as part of their climate commitments, nor do they have any SBTi (Science Based Targets initiative) reduction targets. The company is actively engaged in climate-related disclosures, as evidenced by their reports, but lacks formalised reduction strategies at this time. The emissions data is not cascaded from any parent organisation, and all figures are reported directly by Chesnara plc. The company is headquartered in Great Britain and continues to monitor and report its carbon footprint as part of its sustainability efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 |
| Scope 2 | 130,900 | 00,000 | 00,000 |
| Scope 3 | 466,400 | 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 participating in any of the initiatives that 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.
