Public Profile

Scottish Widows.

Scottish Widows, a prominent financial services provider based in Great Britain, has been a cornerstone of the UK insurance and investment landscape since its establishment in 1815. Headquartered in Edinburgh, the company operates extensively across the UK, offering a range of products designed to meet the diverse needs of individuals and businesses. Specialising in life insurance, pensions, and investment solutions, Scottish Widows is renowned for its commitment to customer service and innovative financial products. The company has achieved significant milestones, including the introduction of pioneering pension schemes that have shaped the industry. With a strong market position, Scottish Widows continues to be a trusted name, recognised for its reliability and expertise in helping clients secure their financial futures.

DitchCarbon Score

How does Scottish Widows.'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.

28

Industry Average

Mean score of companies in the Financial Intermediation 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.

27

Industry Benchmark

Scottish Widows.'s score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Scottish Widows.'s reported carbon emissions

In 2023, Scottish Widows reported a carbon footprint of approximately 0.67742 kg CO2e per GBP of revenue, reflecting their Scope 1 and 2 emissions. However, specific total emissions data for the year is not disclosed. Currently, there are no documented reduction targets or climate pledges from Scottish Widows, indicating a lack of formal commitments to reduce carbon emissions. As a financial services provider headquartered in Great Britain, Scottish Widows is positioned within an industry increasingly focused on sustainability and climate action, yet further transparency and commitment to emissions reduction would enhance their environmental responsibility profile.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Scottish Widows.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Scottish Widows. is in GB, which has a low grid carbon intensity relative to other regions.

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 Widows. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers