NESTA, the National Endowment for Science, Technology and the Arts, is a prominent UK-based innovation foundation headquartered in Great Britain. Established in 1998, NESTA has played a pivotal role in fostering creativity and driving innovation across various sectors, including technology, education, and the arts.
With a focus on research, investment, and practical support, NESTA offers unique services such as funding for innovative projects and initiatives aimed at enhancing public services. The foundation is renowned for its commitment to promoting social impact through innovation, making it a key player in the UK’s innovation landscape.
Over the years, NESTA has achieved significant milestones, including the establishment of various programmes that support entrepreneurs and creative industries, solidifying its position as a leader in the field.
-4 vs industry average
NESTA’s score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
NESTA's reported carbon emissions
In 2023, NESTA reported total carbon emissions of approximately 226.49 kg CO2e, with Scope 1 emissions accounting for about 89.87 kg CO2e and Scope 2 emissions at approximately 136.62 kg CO2e. This marks a decrease from 2022, where total emissions were approximately 238,237 kg CO2e, comprising about 71,426 kg CO2e from Scope 1, 126,439 kg CO2e from Scope 2, and 40,372 kg CO2e from Scope 3. NESTA has committed to a long-term net-zero pathway, aiming for a 22% reduction in total primary energy consumption from 2022 to 2050. This commitment encompasses all scopes of emissions, reflecting a proactive approach to climate action. The organisation does not currently report Scope 3 emissions data, indicating potential areas for improvement in their emissions reporting and reduction strategies. NESTA's emissions data is not cascaded from any parent organisation, ensuring that their reported figures are independently sourced.
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NESTA’s Climate Goals (2030 & 2050)
1 goal2050
22% reduction in all scopes
The net-zero pathway would see total primary energy consumption fall by 22 per cent over the next three decades from 2022 to 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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NESTA
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