Newport Group, a prominent player in the financial services industry, is headquartered in the United States and operates across various regions, providing comprehensive retirement plan solutions and investment services. Founded in 1984, the company has established itself as a trusted partner for businesses seeking to enhance their employee benefits offerings. Specialising in retirement plan administration, investment advisory, and recordkeeping services, Newport Group distinguishes itself through its commitment to personalised service and innovative technology. The firm has achieved significant milestones, including strategic acquisitions that have expanded its capabilities and market reach. With a strong market position, Newport Group is recognised for its expertise in managing complex retirement plans, catering to a diverse clientele ranging from small businesses to large corporations. Its dedication to client satisfaction and regulatory compliance has solidified its reputation as a leader in the retirement services sector.
How does Newport Group'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.
Mean score of companies in the 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.
Newport Group's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Newport Group currently does not have publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or initiatives outlined in their climate commitments. Without specific emissions figures or reduction goals, it is challenging to assess their current impact on climate change or their strategic approach to carbon management. In the absence of concrete data, it is essential to note that many companies in the financial services sector are increasingly focusing on sustainability and climate action. This often includes commitments to reduce carbon footprints, engage in carbon offsetting, and align with global climate frameworks. Newport Group may be participating in similar industry trends, but specific details regarding their commitments or initiatives are not available at this time.
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.
Newport Group 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.