Scottish Friendly
Scottish Friendly, officially known as Scottish Friendly Assurance Society Limited, is a prominent mutual insurance and investment provider headquartered in Glasgow, GB. Established in 1862, the company has a rich history of serving customers across the UK, focusing on areas such as life insurance, savings, and investment products. With a commitment to helping individuals and families secure their financial futures, Scottish Friendly offers a range of unique products, including tax-efficient ISAs and innovative investment plans. The company is recognised for its customer-centric approach and competitive offerings, positioning itself as a trusted name in the financial services industry. Over the years, Scottish Friendly has achieved significant milestones, reinforcing its reputation as a leader in the mutual sector.
DitchCarbon Score
How does Scottish Friendly'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
Scottish Friendly's score of 31 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scottish Friendly's reported carbon emissions
In 2023, Scottish Friendly reported total carbon emissions of approximately 65,570 kg CO2e from Scope 1 and 1,980 kg CO2e from Scope 2, resulting in a combined total of about 65,550 kg CO2e on a market-based approach and 112,660 kg CO2e on a location-based approach. This marks a significant reduction from 2022, when total emissions were approximately 137,000 kg CO2e, with Scope 1 emissions at about 43,430 kg CO2e and Scope 2 emissions at approximately 93,580 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. There are no emissions reported for Scope 3, indicating a focus on direct and indirect emissions from owned or controlled sources and purchased electricity. Scottish Friendly's emissions data is not cascaded from a parent organization, and all figures are reported directly from Scottish Friendly Assurance Society Limited. The company continues to monitor and report its emissions as part of its sustainability efforts, aligning with industry standards for climate accountability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 107,800 | 00,000 | 00,000 |
| Scope 2 | 8,600 | 0,000 | 0,000 |
| Scope 3 | - | - | - |
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.
Scottish Friendly is not participating in any of the initiatives that 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.
