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The Los Angeles City Employees' Retirement System (LACERS) is a prominent public pension fund headquartered in the United States, specifically in Los Angeles, California. Established in 1937, LACERS serves the retirement needs of city employees, providing a secure financial future for its members through comprehensive pension benefits and investment management. Operating primarily within the public sector, LACERS focuses on delivering retirement services, including defined benefit plans and health benefits. Its unique approach combines prudent investment strategies with a commitment to sustainability, ensuring long-term financial stability for its members. Over the years, LACERS has achieved notable milestones, including recognition for its innovative investment practices and strong governance. As a leader in the public pension industry, LACERS continues to enhance its market position by prioritising member engagement and financial education, making it a trusted partner for Los Angeles city employees.
How does Los Angeles City Employees' Retirement System'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 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.
Los Angeles City Employees' Retirement System's score of 9 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Los Angeles City Employees' Retirement System (LACERS) currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, LACERS is a current subsidiary of the City of Los Angeles, which has committed to various climate initiatives and sustainability goals. While LACERS does not have its own documented reduction targets or climate pledges, it inherits relevant climate performance data from the City of Los Angeles, which is actively working towards reducing its carbon footprint. This includes initiatives aligned with the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), although specific targets from these initiatives are not detailed for LACERS. As a part of the broader climate commitments of the City of Los Angeles, LACERS is positioned to contribute to the city's sustainability efforts, although specific metrics and reduction achievements are not currently available. The lack of direct emissions data highlights the need for ongoing transparency and commitment to climate action within the organisation.
Access structured emissions data, company-specific emission factors, and source documents
2008 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 16,438,322,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 240,252,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 16,750,555,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Los Angeles City Employees' Retirement System is not participating in any of the initiatives that 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.