Public Profile

Peoples Pension

Peoples Pension, officially known as The People's Pension, is a leading provider of workplace pensions based in the United Kingdom. Established in 2013, the company has rapidly grown to become a significant player in the pensions industry, primarily serving employers and their employees across Great Britain. Specialising in auto-enrolment pensions, Peoples Pension offers a straightforward and accessible solution for businesses looking to comply with regulatory requirements while ensuring their workforce is financially secure for retirement. Their unique approach combines user-friendly technology with dedicated customer support, setting them apart in a competitive market. With a strong commitment to transparency and member engagement, Peoples Pension has achieved notable milestones, including a substantial membership base and recognition for their innovative services. As a trusted name in the pensions sector, they continue to shape the future of workplace retirement planning.

DitchCarbon Score

How does Peoples Pension'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.

19

Industry Average

Mean score of companies in the Insurance 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.

24

Industry Benchmark

Peoples Pension's score of 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

Peoples Pension's reported carbon emissions

In 2022, Peoples Pension reported significant carbon emissions, totalling approximately 1,188,622,000 kg CO2e for Scope 1 and about 11,081,402,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes approximately 18,234,000 kg CO2e from capital goods, about 6,733,279,000 kg CO2e from purchased goods and services, and around 1,203,596,000 kg CO2e from fuel and energy-related activities. As of 2023, no new emissions data has been disclosed, indicating a potential focus on refining their reporting or implementing new strategies. Notably, there are currently no documented reduction targets or climate pledges from Peoples Pension, suggesting an opportunity for future commitments to enhance their sustainability efforts. Overall, while the emissions figures highlight the scale of their carbon footprint, the absence of specific reduction initiatives indicates a need for clearer climate commitments moving forward.

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2022
Scope 1
1,188,622,000
Scope 2
-
Scope 3
11,081,402,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Peoples Pension's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Peoples Pension is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Peoples Pension 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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