Pension Protection Fund

The Pension Protection Fund (PPF), headquartered in Great Britain and operating within insurance and pension funding services, has reported its carbon emissions for several years.

For the reporting year 2025, the PPF's total reported emissions were approximately 295,300 kg CO2e. This total comprises approximately 153,600 kg CO2e from Scope 2 emissions and approximately 141,700 kg CO2e from Scope 3 emissions.

In 2024, total emissions stood at approximately 195,600 kg CO2e, with Scope 2 contributing about 130,200 kg CO2e and Scope 3 about 65,400 kg CO2e. The previous year, 2023, saw total emissions of approximately 234,400 kg CO2e, made up of roughly 181,200 kg CO2e for Scope 2 and about 53,200 kg CO2e for Scope 3. In 2022, total emissions were approximately 231,000 kg CO2e, with Scope 2 accounting for about 228,700 kg CO2e and Scope 3 for approximately 2,300 kg CO2e. For 2021, total emissions were approximately 262,100 kg CO2e, primarily from Scope 2 (about 261,900 kg CO2e) and a small amount from Scope 3 (approximately 200 kg CO2e). In 2020, total emissions were about 335,400 kg CO2e, with Scope 2 at approximately 275,100 kg CO2e and Scope 3 at around 60,300 kg CO2e.

The PPF has set a commitment to achieve Net Zero for its own operations by 2035 or sooner, covering both Scope 1 and Scope 2 emissions. This initiative is being pursued as part of its broader sustainability efforts. It is important to note that for several reported years, Scope 1 emissions data was not available. Additionally, Scope 3 data for "purchased goods and services" was a missing data point in the reported disclosures.