Public Profile

Gsk Pension Plan

The GSK Pension Plan, associated with GlaxoSmithKline plc, is a prominent retirement scheme headquartered in Great Britain. Established in 2000, GSK operates primarily in the pharmaceutical and healthcare sectors, focusing on innovative medicines, vaccines, and consumer healthcare products. With a strong presence in Europe, North America, and emerging markets, GSK has consistently positioned itself as a leader in the industry. The pension plan serves as a vital component of GSK's commitment to its employees, offering robust retirement benefits that reflect the company's dedication to workforce welfare. Notable achievements include GSK's recognition for its sustainable practices and contributions to public health, further solidifying its reputation as a trusted employer. The GSK Pension Plan exemplifies the company's values, ensuring financial security for its members while supporting GSK's mission to improve health globally.

DitchCarbon Score

How does Gsk Pension Plan'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.

28

Industry Average

Mean score of companies in the Financial Intermediation 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.

13

Industry Benchmark

Gsk Pension Plan's score of 28 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

Gsk Pension Plan's reported carbon emissions

In 2023, GSK Pension Plan reported total carbon emissions of approximately 9,995,000,000 kg CO2e, with emissions from Scope 3 accounting for the majority at about 8,995,000,000 kg CO2e. Scope 2 emissions were reported at approximately 64,000,000 kg CO2e (market-based) and about 240,000,000 kg CO2e (location-based). In 2022, the total emissions were about 8,624,000,000 kg CO2e, with Scope 3 emissions again being significant at approximately 8,624,000,000 kg CO2e, while Scope 2 emissions were around 88,000,000 kg CO2e (market-based) and about 265,000,000 kg CO2e (location-based). For 2021, GSK Pension Plan's total emissions were approximately 206,853,000 kg CO2e, with Scope 2 emissions at about 131,000,000 kg CO2e (market-based) and 285,000,000 kg CO2e (location-based). Despite these figures, GSK Pension Plan has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy.

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Add to project
202120222023
Scope 1
-
-
-
Scope 2
131,000,000
00,000,000
00,000,000
Scope 3
-
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gsk Pension Plan's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. Gsk Pension Plan is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Gsk Pension Plan 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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