Rothesay, officially known as Rothesay Life plc, is a prominent player in the UK insurance and pension sector, headquartered in Great Britain. Founded in 2007, the company has rapidly established itself as a leader in the bulk annuity market, specialising in providing secure retirement solutions for pension schemes. With a focus on de-risking strategies, Rothesay offers unique products such as buy-ins and buy-outs, which help pension funds manage their liabilities effectively. The firm has achieved significant milestones, including notable transactions that have positioned it as a trusted partner for pension trustees and sponsors. Rothesay's commitment to financial stability and innovative solutions has earned it a strong market position, making it a key contributor to the evolving landscape of pension risk management in the UK.
How does Rothesay'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.
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.
Rothesay's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Rothesay reported total carbon emissions of approximately 5,000,000 kg CO2e. This figure includes Scope 1 emissions of about 52,000 kg CO2e, Scope 2 emissions of approximately 238,000 kg CO2e, and significant Scope 3 emissions, notably from purchased goods and services (about 3,861,300 kg CO2e) and business travel (approximately 1,041,000 kg CO2e). The company's emissions have shown a notable reduction from previous years. In 2022, total emissions were around 59,000 kg CO2e, with Scope 1 at about 56,000 kg CO2e and Scope 2 at approximately 158,000 kg CO2e. In 2021, total emissions were about 112,000 kg CO2e, with Scope 1 emissions at approximately 111,000 kg CO2e and Scope 2 at around 129,000 kg CO2e. The most significant reduction occurred from 2020, when total emissions were approximately 263,000 kg CO2e. Despite these reductions, Rothesay has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 59,000 | 000,000 | 00,000 | 00,000 |
Scope 2 | - | - | - | 000,000 |
Scope 3 | 1,000 | 0,000 | 000 | 0,000,000 |
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.
Rothesay 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.