Now Pensions Sustainability Profile
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 61 is higher than 77% 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 2024, Now Pensions reported total carbon emissions of approximately 194,322,000 kg CO2e, with a significant portion of these emissions, about 1,460,970,000 kg CO2e, classified under Scope 3. For the previous year, 2023, their emissions included approximately 142,900,000 kg CO2e from Scope 1 and 2 combined, alongside about 1,187,286,000 kg CO2e from Scope 3. In 2022, the organization reported Scope 1 and 2 emissions of around 164,700,000 kg CO2e. Now Pensions has set ambitious reduction targets, aiming for a 50% reduction in emissions by 2030 compared to 2019 levels, applicable to both Scope 1 and Scope 2 emissions. This commitment reflects their dedication to addressing climate change and aligns with industry standards for sustainability. The emissions data is cascaded from their parent organization, Now: Pensions Ltd., which is part of the Marsh & McLennan Companies, Inc. This corporate relationship influences their climate initiatives and reporting practices.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Now Pensions's Industry?
How Carbon Intensive is Now Pensions's Location?
Now Pensions's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Now Pensions has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
