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Scottish Friendly, a prominent name in the insurance and pension funding services sector, is headquartered in Great Britain. Established in 1862, the company has a rich history of providing innovative financial solutions, focusing on life insurance, savings, and investment products. With a commitment to helping individuals secure their financial futures, Scottish Friendly stands out for its customer-centric approach and competitive offerings.
Operating primarily across the UK, Scottish Friendly has achieved significant milestones, including the introduction of unique mutual products that prioritise member benefits. The company is well-regarded for its strong market position, consistently delivering value through its diverse range of services, including ISAs and child savings plans. With a focus on transparency and accessibility, Scottish Friendly continues to be a trusted partner for those seeking reliable financial protection and growth.
28
DitchCarbon score
-11 vs industry average
Scottish Friendly’s score of 28 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Insurance Services has below-average carbon intensity
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Scottish Friendly's reported carbon emissions
Scottish Friendly, a UK-based insurance and pension funding services provider, reported Scope 1 emissions of approximately 63,570 kg CO2e and market-based Scope 2 emissions of about 1,980 kg CO2e in 2023. This is a reduction from 2022, when Scope 1 emissions were around 93,580 kg CO2e and market-based Scope 2 emissions were about 1,870 kg CO2e. In 2021, Scope 1 emissions were approximately 107,800 kg CO2e and market-based Scope 2 emissions were about 8,600 kg CO2e.
While Scottish Friendly has disclosed Scope 1 and Scope 2 emissions, it has not yet reported Scope 3 emissions.
Scottish Friendly has set a long-term absolute reduction target for Scope 1 and 2 GHG emissions of 42% by 2030, using 2021 as the baseline year. The ultimate parent, Legal & General Group plc, is the source of this target.
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Scottish Friendly’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Scottish Friendly yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Scottish Friendly8 days ago
28
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