Lloyds Banking Group Pensions Trustees Limited
Lloyds Banking Group Pensions Trustees Limited, often referred to as Lloyds Pensions, is a prominent player in the UK pensions industry, headquartered in Great Britain. Established as part of Lloyds Banking Group, the company has evolved to manage a diverse range of pension schemes, ensuring financial security for its members. With a focus on delivering robust pension solutions, Lloyds Pensions offers services that include scheme administration, investment management, and risk management. Their commitment to transparency and member engagement sets them apart in a competitive market. Over the years, the company has achieved significant milestones, reinforcing its position as a trusted trustee in the pensions sector. Lloyds Pensions is recognised for its strong governance practices and innovative approach, making it a key contributor to the financial well-being of its beneficiaries across the UK.
DitchCarbon Score
How does Lloyds Banking Group Pensions Trustees Limited'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
Lloyds Banking Group Pensions Trustees Limited's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lloyds Banking Group Pensions Trustees Limited's reported carbon emissions
In 2023, Lloyds Banking Group Pensions Trustees Limited reported total carbon emissions of approximately 33,700,000 kg CO2e, comprising 10,200,000 kg CO2e from Scope 1, 10,800,000 kg CO2e from Scope 2, and 33,700,000 kg CO2e from Scope 3 emissions, with a minor contribution of 21,000 kg CO2e from downstream transportation and distribution. Over the years, the organisation has shown a commitment to reducing its carbon footprint. In 2022, total emissions were about 32,800,000 kg CO2e, indicating a slight increase in 2023. The emissions from Scope 1 and 2 combined were approximately 163,553,000 kg CO2e in 2023, compared to 155,267,000 kg CO2e in 2022. Despite the lack of specific reduction targets or initiatives outlined in their recent disclosures, Lloyds Banking Group Pensions Trustees Limited continues to monitor and report its emissions, reflecting an ongoing commitment to transparency in its climate impact. The organisation's emissions data highlights the importance of addressing Scope 3 emissions, which represent a significant portion of their total carbon footprint.
Unlock detailed emissions data
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 11,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 12,500,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | 35,700,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions 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.
Lloyds Banking Group Pensions Trustees Limited 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.
