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 28 is higher than 78% 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 112,660 kg CO2e, comprising 63,570 kg CO2e from Scope 1 and 49,090 kg CO2e from Scope 2 (location-based). The market-based Scope 2 emissions were recorded at 1,980 kg CO2e. This marks a significant reduction from 2022, where total emissions were about 137,000 kg CO2e, with Scope 1 emissions at 93,580 kg CO2e and Scope 2 emissions at 43,420 kg CO2e (location-based). Scottish Friendly has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets under the Science Based Targets initiative (SBTi). However, their ongoing commitment to reducing carbon emissions is evident in their year-on-year reductions. The company continues to focus on improving its sustainability practices and reducing its overall carbon footprint.
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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.
