Lothian Pension Fund, often referred to as LPF, is a prominent pension fund based in Edinburgh, GB. Established in 1994, it has grown to serve a diverse range of clients across the Lothian region, focusing on providing secure retirement benefits to its members. Operating within the financial services industry, LPF is dedicated to managing pension assets and delivering sustainable investment solutions. Its core offerings include a variety of pension schemes and investment strategies, distinguished by a commitment to responsible investing and long-term growth. With a strong market position, Lothian Pension Fund has achieved notable milestones, including recognition for its innovative approach to environmental, social, and governance (ESG) factors in investment decisions. This dedication to sustainability sets LPF apart in the competitive landscape of pension fund management.
How does Lothian 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.
Lothian Pension Fund's score of 26 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Lothian Pension Fund reported significant carbon emissions, specifically 3,700,000,000,000 kg CO2e from Scope 3 emissions related to the use of sold products. This data highlights the fund's substantial impact on carbon emissions, although no Scope 1 or Scope 2 emissions data has been disclosed for the same year. The fund has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that Lothian Pension Fund is currently focusing on understanding its emissions profile rather than committing to specific reduction goals. Overall, while Lothian Pension Fund has acknowledged its carbon footprint through the reporting of Scope 3 emissions, it has yet to establish a clear pathway for emissions reduction or climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 3,700,000,000,000 |
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lothian Pension Fund has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
