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.
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.
Industry Benchmark
Scottish Widows.'s score of 34 is higher than 92% 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 Widows.'s reported carbon emissions
In 2023, Scottish Widows reported total carbon emissions of approximately 9,111,800 kg CO2e. This figure includes 88,500 kg CO2e from Scope 1 emissions, which pertain to direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, steam, heating, and cooling, accounted for about 26,200 kg CO2e. However, the majority of their emissions stem from Scope 3, which totalled approximately 6,832,765,970 kg CO2e. This includes significant contributions from purchased goods and services (about 7,496,300 kg CO2e), employee commuting (approximately 863,900 kg CO2e), and business travel (around 355,200 kg CO2e). Scottish Widows has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. As such, their current climate commitments and strategies remain unclear. The company operates within a broader industry context that increasingly prioritises sustainability and carbon reduction, yet specific actions or pledges from Scottish Widows have not been detailed.
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| 2023 | |
|---|---|
| Scope 1 | 88,500 |
| Scope 2 | 26,200 |
| Scope 3 | 6,832,764,970 |
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 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.
