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.
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.
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.
Now Pensions's score of 3 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Now Pensions reported total carbon emissions of approximately 142,900,000 kg CO2e, which includes 879,500,000 kg CO2e from Scope 3 emissions related to downstream leased assets. This marks a reduction from 2022, where their emissions were about 164,700,000 kg CO2e for Scope 1 and 2 combined. Now Pensions has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Their emissions intensity for Scope 1 and 2 was reported at approximately 0.0000631 kg CO2e per GBP of revenue in 2023, down from 0.0000713 kg CO2e per GBP in 2022, indicating a positive trend in emissions efficiency. Overall, while Now Pensions has made strides in reducing their emissions, further commitments and targets would enhance their climate strategy and accountability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
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Scope 1 | - | - |
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Scope 3 | - | 000,000,000 |
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 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.