Cambridgeshire and Northamptonshire Local Government Pension Scheme (LGPS) is a prominent public sector pension fund headquartered in Great Britain. Serving the regions of Cambridgeshire and Northamptonshire, this scheme plays a vital role in managing the retirement benefits of local government employees. Established to provide financial security, the LGPS has evolved significantly since its inception, adapting to the changing needs of its members. The scheme offers a range of core services, including pension administration, investment management, and member support, distinguished by its commitment to transparency and sustainability. With a strong market position, Cambridgeshire and Northamptonshire LGPS is recognised for its robust investment strategies and dedication to responsible investing. This ensures that the fund not only meets the current needs of its members but also secures their future financial well-being.
How does Cambridgeshire And Northamptonshire Lgps'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.
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.
Cambridgeshire And Northamptonshire Lgps's score of 17 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cambridgeshire and Northamptonshire Local Government Pension Schemes (LGPS) reported total carbon emissions of approximately 22,964,700 kg CO2e. This figure includes emissions from Scope 1, Scope 2, and Scope 3 sources. Specifically, Scope 1 emissions accounted for about 6,560,640 kg CO2e, which includes mobile combustion (560,040 kg CO2e), fugitive emissions (3,795,000 kg CO2e), and stationary combustion (5,296,110 kg CO2e). Scope 2 emissions from purchased electricity were approximately 3,828,470 kg CO2e. Additionally, Scope 3 emissions totalled around 12,575,590 kg CO2e, with significant contributions from employee commuting (1,660,400 kg CO2e) and business travel (294,250 kg CO2e). In 2022, the LGPS reported a higher total of approximately 117,612,000 kg CO2e for Scope 1 and 2 emissions combined, indicating a substantial reduction in emissions in the following year. Despite the reported emissions, there are currently no specific reduction targets or climate pledges outlined by Cambridgeshire and Northamptonshire LGPS. The absence of formal commitments suggests a need for further development in their climate strategy to align with industry standards and best practices for sustainability.
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Add to project2022 | 2023 | |
---|---|---|
Scope 1 | - | 0,000,000 |
Scope 2 | - | 0,000,000 |
Scope 3 | - | 0,000,000 |
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.
Cambridgeshire And Northamptonshire Lgps 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.