Railways Pension Scheme
The Railways Pension Scheme (RPS), headquartered in Great Britain, is a prominent pension fund dedicated to serving the railway industry. Established in 1994, RPS has evolved to manage the retirement benefits of railway employees across the UK, ensuring financial security for thousands of members. Operating primarily within the pensions sector, RPS offers a range of services, including defined benefit and defined contribution schemes, tailored to meet the unique needs of railway workers. Its commitment to sustainable investment practices sets it apart in the industry, reflecting a focus on long-term growth and member welfare. With a strong market position, the Railways Pension Scheme is recognised for its robust governance and innovative approach to pension management, making it a trusted partner for railway professionals seeking reliable retirement solutions.
DitchCarbon Score
How does Railways Pension Scheme'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 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.
Industry Benchmark
Railways Pension Scheme's score of 20 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Railways Pension Scheme's reported carbon emissions
In 2022, the Railways Pension Scheme reported total carbon emissions of approximately 976,192,000 kg CO2e, a significant reduction from about 1,191,915,000 kg CO2e in 2020. This represents a decrease of approximately 215,723,000 kg CO2e over the two-year period. While specific scope emissions data (Scope 1, 2, or 3) is not detailed, the overall reduction indicates a commitment to lowering their carbon footprint. Currently, there are no documented reduction targets or climate pledges from the Railways Pension Scheme, suggesting a need for clearer commitments in line with industry standards. As the organisation continues to navigate its climate responsibilities, establishing measurable targets could enhance its sustainability profile and align with global climate initiatives.
Industry emissions intensity
Location emissions 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.
Railways Pension Scheme 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.
