The Leicestershire County Council Pension Fund, often referred to as LCCPF, is a prominent public sector pension scheme headquartered in GB. Established to provide retirement benefits for local government employees, this fund serves the Leicestershire region and surrounding areas, ensuring financial security for its members. Founded in the mid-20th century, LCCPF has achieved significant milestones in pension management and investment strategies. The fund is renowned for its diverse portfolio, which includes equities, bonds, and alternative investments, setting it apart in the competitive pension industry. With a strong commitment to sustainable investing, LCCPF has positioned itself as a leader in responsible asset management. Its dedication to transparency and member engagement has garnered recognition, making it a trusted choice for public sector employees seeking reliable pension solutions.
How does Leicestershire County Council 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.
Leicestershire County Council Pension Fund's score of 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Leicestershire County Council Pension Fund reported total carbon emissions of approximately 9,428,000 kg CO2e. This figure includes Scope 1 emissions of about 4,605,000 kg CO2e, which encompasses mobile combustion (2,685,000 kg CO2e) and fugitive emissions (60,000 kg CO2e). Scope 2 emissions accounted for approximately 3,306,000 kg CO2e, while Scope 3 emissions totalled around 1,518,000 kg CO2e, primarily from business travel (1,193,000 kg CO2e) and fuel and energy-related activities (302,000 kg CO2e). Comparatively, in 2022, the Pension Fund's emissions were about 158,353,000 kg CO2e for Scope 1 and 2 combined, indicating a significant reduction in emissions over the year. The intensity measure for 2023 was approximately 1,930 kg CO2e per full-time equivalent (FTE), down from 2,080 kg CO2e per FTE in 2022. Despite these figures, there are currently no specified reduction targets or climate pledges documented by the Pension Fund. The focus appears to be on monitoring and reporting emissions rather than setting formal reduction commitments.
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Add to project2019 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 203,000,000 | 000,000,000 | 0,000,000 |
Scope 2 | 160,200 | 000,000 | 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.
Leicestershire County Council 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.