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Other Services
GB
updated 3 months ago

Pensions Regulator Sustainability Profile

Company website

The Pensions Regulator (TPR), headquartered in Brighton, GB, is the UK’s statutory regulator for workplace pensions. Established in 2005, TPR plays a crucial role in ensuring that pension schemes are well-managed and that members receive the benefits they are entitled to. With a focus on protecting members' interests, TPR oversees a diverse range of pension schemes across the country, including defined benefit and defined contribution plans. TPR's core services include regulatory oversight, guidance for employers, and enforcement of pension laws, making it a pivotal entity in the pensions industry. Notable achievements include the implementation of automatic enrolment, which has significantly increased pension participation rates. As a leader in the sector, TPR is committed to fostering a secure and sustainable pensions landscape for all UK workers.

DitchCarbon Score

How does Pensions Regulator'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.

35

Industry Average

Mean score of companies in the Other Services 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.

28

Industry Benchmark

Pensions Regulator's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Pensions Regulator's reported carbon emissions

In 2023, The Pensions Regulator reported total carbon emissions of approximately 6,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions amounted to about 103,490 kg CO2e, including 1,860 kg CO2e from fugitive emissions and 101,630 kg CO2e from stationary combustion. Scope 2 emissions from purchased electricity were approximately 144,620 kg CO2e. The most significant contribution came from Scope 3 emissions, which totalled around 5,800,000 kg CO2e, with major sources including purchased goods and services (5,545,000 kg CO2e) and employee commuting (590,000 kg CO2e). The Pensions Regulator has committed to reducing its carbon emissions by at least 25% against a baseline established in 2009-2010, achieving this target by 2014-2015 for both Scope 1 and Scope 2 emissions, as per the Greening Government Commitments. This commitment reflects a proactive approach to climate action within the organisation's operational framework. No emissions data has been cascaded from a parent or related organisation, indicating that all reported figures are directly from The Pensions Regulator. The organisation continues to focus on sustainability and climate resilience as part of its broader environmental strategy.

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Access structured emissions data, company-specific emission factors, and source documents

20182023
Scope 1
-
000,000
Scope 2
-
000,000
Scope 3
6,562,000
0,000,000

How Carbon Intensive is Pensions Regulator's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pensions Regulator's primary industry is Other Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Pensions Regulator's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Pensions Regulator is in GB, which has a very low grid carbon intensity relative to other regions.

Pensions Regulator's Scope 3 Categories Breakdown

Pensions Regulator's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 1% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 86% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
86%
Employee Commuting
9%
Capital Goods
4%
Fuel and Energy Related Activities
<1%
Business Travel
<1%
Upstream Leased Assets
<1%
Waste Generated in Operations
<1%

Pensions Regulator'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.

Pensions Regulator 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Pensions Regulator's Emissions with Industry Peers

Vanguard

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Financial Conduct Authority

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

Charles Schwab Corporation

US
•
Services auxiliary to financial intermediation (67)
Updated 11 days ago

Scottish Widows.

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Legal And General

GB
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 3 hours ago

Pension Protection Fund

GB
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 7 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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