New Zealand Superannuation Fund

The New Zealand Superannuation Fund (NZSF), based in NZ and operating in financial intermediation services (excluding insurance and pension funding), has disclosed emissions data for several years.

For the year 2022, the NZSF reported total emissions of approximately 2.903 billion kg CO2e. This total comprises Scope 2 emissions of approximately 15,000 kg CO2e and Scope 3 emissions, specifically including fuel and energy-related activities (approximately 197,000 kg CO2e) and upstream transportation and distribution (approximately 1,000 kg CO2e). Note that Scope 1 emissions were not disclosed for this year.

In 2021, total emissions were approximately 59,000 kg CO2e, with Scope 2 emissions around 13,000 kg CO2e and Scope 3 emissions, primarily from fuel and energy-related activities, at approximately 43,000 kg CO2e. Again, Scope 1 data was not available.

For 2020, total emissions amounted to approximately 1.618 billion kg CO2e. This included Scope 2 emissions of approximately 13,000 kg CO2e and Scope 3 emissions, largely from fuel and energy-related activities, totalling about 1.604 billion kg CO2e.

Previous years also show emissions data: in 2019, total emissions were approximately 1.968 billion kg CO2e, including Scope 2 emissions of about 14,000 kg CO2e and Scope 3 emissions from fuel and energy-related activities of approximately 1.954 billion kg CO2e.

The NZSF's climate commitments indicate a focus on responsible investment. While specific absolute reduction targets or achievements are not detailed in the provided information, the fund's reporting suggests an awareness of climate-related impacts within its industry context. The available data shows GHG emissions intensity per unit of revenue for 2024 at approximately 0.0644 kg CO2e/USD and for 2025 at approximately 0.075 kg CO2e/USD. The fund has not cascaded climate data from a parent organisation and its disclosures are sourced directly from the New Zealand Superannuation Fund.