Chesnara Sustainability Profile
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 41 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Chesnara's reported carbon emissions
In 2023, Chesnara reported total carbon emissions of approximately 2,129,000 kg CO2e, with a breakdown of 2,871,000 kg CO2e for Scope 1 emissions, 533,000 kg CO2e for Scope 2 emissions, and a significant 4,345,991 kg CO2e for Scope 3 emissions. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to carbon accounting. Chesnara's emissions for the UK specifically were about 1,906,000 kg CO2e, with Scope 1 emissions at 2,090,000 kg CO2e, Scope 2 emissions at 10,000 kg CO2e, and Scope 3 emissions contributing 1,906,000 kg CO2e. This highlights the substantial impact of their supply chain and operational activities. Despite the detailed emissions reporting, Chesnara has not set specific reduction targets or initiatives, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets and documented reduction initiatives. The company is currently not part of any climate pledges or initiatives that would guide its emissions reduction strategy. Chesnara's approach to climate commitments appears to be in line with industry standards, focusing on transparency in emissions reporting. However, the lack of defined reduction targets may suggest an area for future development in their sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | 147,200 | 000,000 | 00,000 | 000,000,000 |
| Scope 3 | 755,800 | 000,000 | 0,000,000 | 0,000,000,000 |
How Carbon Intensive is Chesnara's Industry?
How Carbon Intensive is Chesnara's Location?
Chesnara's Scope 3 Categories Breakdown
Chesnara's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Chesnara's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chesnara has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
