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 23 is lower than 72% 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 figure highlights the substantial impact of their investment portfolio on global carbon emissions. However, there is no available data for Scope 1 and Scope 2 emissions for the years reported. Lothian Pension 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 while the fund acknowledges its carbon footprint, it has yet to establish a structured approach to reducing emissions. The emissions data is not cascaded from any parent organization, indicating that Lothian Pension Fund operates independently in its reporting and climate commitments. Overall, while the fund's emissions data reveals a significant environmental impact, further clarity on reduction strategies and commitments would enhance its sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
2021 | |
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Scope 1 | - |
Scope 2 | - |
Scope 3 | 3,700,000,000,000 |
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.
Lothian Pension Fund 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.