National Pension Service Sustainability Profile
The National Pension Service (NPS), headquartered in South Korea (KR), is a leading institution in the pension fund industry, established in 1988. With a focus on providing financial security for retirees, NPS operates primarily across South Korea, managing a vast portfolio of assets that positions it as one of the largest pension funds globally. NPS offers a range of services, including retirement pensions, disability pensions, and survivor benefits, distinguished by its commitment to sustainable investment practices. Over the years, the organisation has achieved significant milestones, including the implementation of innovative investment strategies that enhance its market position. Recognised for its robust governance and transparency, NPS continues to play a pivotal role in shaping the future of pension services in South Korea and beyond.
DitchCarbon Score
How does National Pension Service'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 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.
Industry Benchmark
National Pension Service's score of 25 is lower than 65% 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 Pension Service's reported carbon emissions
In 2023, the National Pension Service (NPS) reported total carbon emissions of approximately 11,423,000 kg CO2e. This figure includes 1,464,000 kg CO2e from Scope 1 emissions and 9,959,000 kg CO2e from Scope 2 emissions. The NPS has shown a slight increase in total emissions compared to 2022, when emissions were approximately 10,832,000 kg CO2e, with Scope 1 at 1,463,000 kg CO2e and Scope 2 at 9,369,000 kg CO2e. The NPS has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Despite the absence of specific reduction targets or initiatives, the NPS is committed to addressing climate change through its operational practices. The organisation does not inherit emissions data from any parent company, and all reported figures are derived directly from its own assessments. Overall, while the NPS has not set formal reduction targets, its emissions data reflects ongoing monitoring and reporting efforts in line with industry standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,904,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,688,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is National Pension Service's Industry?
How Carbon Intensive is National Pension Service's Location?
National Pension Service's Climate Goals (2030 & 2050)
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.
National Pension Service 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.
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