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Insurance Services
GB
updated 4 days ago

Avon Pension Fund

Company website

Avon Pension Fund, a prominent pension scheme based in Great Britain, serves the local government and public sector employees across the Avon region. Established in 1974, the fund has evolved significantly, adapting to the changing landscape of pension management while prioritising the financial security of its members. Specialising in the administration of pension benefits, Avon Pension Fund offers a range of services including investment management, retirement planning, and member support. Its commitment to sustainable investment practices sets it apart in the industry, reflecting a dedication to both financial performance and social responsibility. With a strong market position, Avon Pension Fund has achieved notable milestones, including recognition for its innovative approach to pension fund management. As it continues to grow, the fund remains focused on delivering value and security to its members, ensuring a stable financial future for public sector employees in the region.

DitchCarbon Score

How does Avon Pension Fund'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.

16

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.

32

Industry Benchmark

Avon Pension Fund's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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Avon Pension Fund's reported carbon emissions

In 2023, the Avon Pension Fund reported total carbon emissions of approximately 51,489,000 kg CO2e, a significant reduction from 2022's emissions of about 75,572,000 kg CO2e. This downward trend continues from 2021, when emissions were approximately 81,279,000 kg CO2e, and from 2020, which saw emissions of about 86,755,000 kg CO2e. The highest recorded emissions were in 2019, at approximately 139,256,000 kg CO2e. The reported emissions encompass Scope 1 and 2, which are direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. However, there is no available data on Scope 3 emissions, which include all other indirect emissions that occur in a company’s value chain. Despite the notable reductions in emissions, the Avon Pension Fund has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from a parent organization. The absence of formal commitments suggests a need for further development in their climate strategy. Overall, the Avon Pension Fund's emissions data reflects a positive trend towards reducing its carbon footprint, aligning with broader industry efforts to combat climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
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Scope 2
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Scope 3
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Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Avon Pension Fund's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Avon Pension Fund is in GB, which has a very high grid carbon intensity relative to other regions.

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.

Avon Pension Fund 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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