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.

28

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.

2

Industry Benchmark

Peoples Pension's score of 28 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Peoples Pension's reported carbon emissions

In 2022, Peoples Pension reported significant carbon emissions, with Scope 1 emissions totalling approximately 1,188,622,000 kg CO2e and Scope 3 emissions reaching about 11,081,402,000 kg CO2e. The Scope 3 emissions breakdown includes approximately 18,234,000 kg CO2e from capital goods, around 6,733,279,000 kg CO2e from purchased goods and services, and about 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 climate strategies rather than reporting immediate figures. Notably, there are currently no specified reduction targets or climate pledges in place, which suggests that while the organisation is aware of its carbon footprint, it may be in the early stages of developing a comprehensive climate commitment framework. Peoples Pension's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of their substantial Scope 3 emissions, which represent a significant portion of their overall carbon footprint.

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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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

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