Smart Pension Limited Sustainability Profile
Smart Pension Limited, headquartered in Great Britain, is a leading player in the fintech industry, specialising in pension solutions. Founded in 2014, the company has rapidly established itself as a key provider of workplace pensions, focusing on innovation and user-friendly technology to enhance retirement savings for employees and employers alike. Smart Pension offers a range of services, including auto-enrolment solutions and investment management, distinguished by its commitment to transparency and low fees. The company has achieved significant milestones, such as securing partnerships with major organisations and expanding its operational reach across the UK and beyond. With a strong market position, Smart Pension is recognised for its forward-thinking approach, making it a trusted choice for businesses seeking efficient pension management solutions.
DitchCarbon Score
How does Smart Pension Limited'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 Business 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
Smart Pension Limited's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Smart Pension Limited's reported carbon emissions
In 2023, Smart Pension Limited reported total carbon emissions of approximately 261,685,000 kg CO2e from Scope 1 and 2, alongside a significant Scope 3 emission total of about 1,830,352,000 kg CO2e. This marks a notable increase in Scope 3 emissions compared to previous years, where in 2022, Scope 3 emissions were about 1,071,367,000 kg CO2e, and in 2021, they were approximately 1,181,536,000 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Furthermore, there is no data cascaded from a parent organization, indicating that all reported emissions data is directly from Smart Pension Limited. Overall, while Smart Pension Limited has made strides in transparency regarding its emissions, the lack of defined reduction strategies highlights an area for potential improvement in its climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 47,705,000 | 00,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | 287,807,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Smart Pension Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Smart Pension Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
