Public Profile

Mineworkers' Pension Scheme

The Mineworkers' Pension Scheme (MPS), headquartered in Great Britain, is a prominent pension fund dedicated to serving former mineworkers and their dependants. Established in 1994, the scheme has evolved to manage substantial assets, ensuring financial security for its members through prudent investment strategies and robust governance. Operating primarily within the UK, MPS focuses on providing retirement benefits and financial support tailored to the unique needs of the mining community. Its core services include pension management and investment, distinguished by a commitment to ethical investment practices and community engagement. Recognised for its significant market position, the Mineworkers' Pension Scheme has achieved notable milestones, including successful asset growth and a strong track record of member satisfaction. With a legacy rooted in the mining industry, MPS continues to uphold its mission of delivering reliable pension solutions to its valued members.

DitchCarbon Score

How does Mineworkers' Pension Scheme'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.

28

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.

24

Industry Benchmark

Mineworkers' Pension Scheme's score of 28 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

75%

Mineworkers' Pension Scheme's reported carbon emissions

In 2023, the Mineworkers' Pension Scheme reported total carbon emissions of approximately 1,642 kg CO2e. This figure includes Scope 1 emissions of about 172 kg CO2e, Scope 2 emissions of approximately 18 kg CO2e, and significant Scope 3 emissions amounting to around 1,470 kg CO2e. Currently, the Mineworkers' Pension Scheme does not have specific reduction targets or initiatives documented, nor have they made any formal climate pledges. This context highlights the need for ongoing commitment to climate action within the industry, particularly in addressing the substantial Scope 3 emissions that dominate their carbon footprint.

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2023
Scope 1
172
Scope 2
18
Scope 3
1,470

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Mineworkers' Pension Scheme's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Mineworkers' Pension Scheme is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Mineworkers' Pension Scheme 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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