The Greater Manchester Pension Fund (GMPF), headquartered in Greater Manchester, GB, is a prominent player in the UK pension industry. Established in 1974, GMPF serves a diverse range of public sector employees across the Greater Manchester region, managing substantial assets to secure retirement benefits for its members. GMPF offers a comprehensive suite of pension services, including investment management and member support, distinguished by its commitment to sustainable investment practices. With a strong focus on responsible investing, the fund has achieved notable milestones, including recognition for its innovative approach to environmental, social, and governance (ESG) criteria. As one of the largest local authority pension funds in the UK, GMPF holds a significant market position, continually striving to enhance member outcomes while ensuring financial sustainability. Its dedication to transparency and member engagement further solidifies its reputation as a trusted pension provider.
How does Greater Manchester 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.
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.
Greater Manchester Pension Fund'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, the Greater Manchester Pension Fund (GMPF) reported a carbon intensity of approximately 0.259 kg CO2e per million GBP of revenue. This figure reflects their ongoing commitment to monitoring and managing carbon emissions, although specific total emissions data for Scope 1, 2, or 3 is not provided. GMPF has not set formal reduction targets or climate pledges, indicating a potential area for future development in their sustainability strategy. The absence of specific emissions data suggests that while they are tracking carbon intensity, further transparency and commitment to reduction initiatives may be beneficial. Overall, GMPF's approach to carbon emissions highlights the importance of integrating climate considerations into financial practices, aligning with broader industry trends towards sustainability and responsible investment.
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.
Greater Manchester Pension Fund 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.