Now Pensions
Now Pensions, officially known as Now Pensions Limited, is a leading provider of workplace pensions based in Great Britain. Founded in 2011, the company has rapidly established itself in the pensions industry, focusing on delivering high-quality, affordable pension solutions to employers and their employees across the UK. With a commitment to transparency and simplicity, Now Pensions offers a range of services, including auto-enrolment pensions and investment management, designed to meet the diverse needs of the workforce. Their unique approach combines low fees with a robust investment strategy, ensuring that members can build a secure financial future. Recognised for its innovative solutions, Now Pensions has achieved significant milestones, positioning itself as a trusted partner for businesses navigating the complexities of pension regulations. With a strong market presence, the company continues to lead the way in promoting financial security for all.
DitchCarbon Score
How does Now Pensions'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 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
Now Pensions's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Now Pensions's reported carbon emissions
In 2023, Now Pensions reported total emissions of approximately 142,900,000 kg CO2e from Scope 1 and 2 sources, alongside significant Scope 3 emissions of about 879,500,000 kg CO2e from downstream leased assets. This data highlights the company's substantial carbon footprint, particularly in Scope 3 emissions, which often represent a large portion of an organisation's overall impact. Comparatively, in 2022, Now Pensions recorded total emissions of around 164,700,000 kg CO2e from Scope 1 and 2. This indicates a reduction in these emissions, although specific reduction targets or initiatives have not been disclosed. Currently, there are no documented reduction targets or climate pledges from Now Pensions, which suggests a need for clearer commitments to address their carbon emissions. As the company continues to navigate its climate responsibilities, establishing measurable reduction goals could enhance its sustainability profile and align with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | - | 000,000,000 |
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.
Now Pensions 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.
