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 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Employment Savings Trust's reported carbon emissions
In 2024, the National Employment Savings Trust (NEST) reported total carbon emissions of approximately 187,200 kg CO2e. This figure includes 134,800 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and 52,400 kg CO2e from Scope 3 emissions related to business travel. In comparison, NEST's total emissions for 2023 were about 156,200 kg CO2e, with Scope 2 emissions at 129,000 kg CO2e and Scope 3 emissions at 27,200 kg CO2e. Over the past few years, NEST has made significant strides in reducing its carbon footprint. From 2020 to 2024, total emissions decreased from 422,500 kg CO2e to 187,200 kg CO2e, reflecting a commitment to sustainability. NEST has set ambitious targets, aiming for a 30% reduction in Scope 1 and Scope 2 emissions intensity by 2025, using 2019 as a baseline. Furthermore, they have established a long-term goal of achieving net-zero carbon emissions across all scopes by 2050 or sooner, aligning their investment portfolio with the objective of limiting global warming to 1.5°C above pre-industrial levels. NEST's emissions data is not cascaded from any parent organization, indicating that their climate commitments and performance are independently reported. The organisation continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - |
| Scope 2 | 296,200 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 270,000 | 000,000 | 000,000 | 0,000 | 0,000 | 00,000 | 00,000 |
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 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.
