National Employment Savings Trust
The National Employment Savings Trust (NEST) is a pioneering pension scheme based in Great Britain, established in 2010 to support the UK’s auto-enrolment initiative. With its headquarters in London, NEST operates across the UK, providing essential retirement savings solutions to millions of employees and employers alike. NEST offers a range of core services, including a defined contribution pension scheme designed to be accessible and straightforward, making it unique in its commitment to inclusivity and transparency. Since its inception, NEST has achieved significant milestones, including managing billions in assets and serving a diverse membership base. Recognised as a leader in the pensions industry, NEST continues to innovate and adapt, ensuring that it meets the evolving needs of the workforce while promoting long-term financial security for all.
DitchCarbon Score
How does National Employment Savings Trust'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 Services Auxiliary to Financial Intermediation 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
National Employment Savings Trust's score of 26 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
National Employment Savings Trust's reported carbon emissions
In 2022, the National Employment Savings Trust (NEST) reported total carbon emissions of approximately 1,255,372,000 kg CO2e. This figure includes significant contributions from Scope 1 emissions, which totalled about 1,057,761,000 kg CO2e, and Scope 3 emissions, which reached approximately 3,048,281,000 kg CO2e. The Scope 2 emissions were recorded at about 129,000 kg CO2e. Comparatively, NEST's emissions decreased significantly from 2021, where total emissions were about 205,400 kg CO2e, with Scope 2 emissions at approximately 203,400 kg CO2e and Scope 3 emissions at about 2,100 kg CO2e. The 2020 emissions were even higher, totalling around 422,500 kg CO2e, with Scope 2 emissions of about 222,200 kg CO2e and Scope 3 emissions of approximately 201,200 kg CO2e. Despite these figures, NEST has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or formal reduction commitments suggests that while NEST is aware of its emissions, it has yet to establish a clear strategy for future reductions. The organisation's focus on sustainability and climate responsibility remains a critical aspect of its operations, particularly in the context of the growing emphasis on corporate climate action within the financial services industry.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000,000,000 |
| Scope 2 | 222,200 | 000,000 | 000,000 |
| Scope 3 | 203,100 | 0,000 | 0,000,000,000 |
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.
National Employment Savings Trust 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.
