Standard Life Assurance Company, a prominent player in the financial services industry, is headquartered in Great Britain. Established in 1825, the company has a rich history marked by significant milestones, including its evolution into a leading provider of life insurance and investment solutions. With a strong presence in Covent Garden, Standard Life operates across various regions, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. The company is renowned for its innovative approach to life assurance, pensions, and investment management, setting it apart in a competitive market. Standard Life's commitment to customer-centric solutions and financial security has solidified its position as a trusted name in the industry. With a focus on sustainability and responsible investing, Standard Life continues to achieve notable recognition for its contributions to the financial landscape.
How does Standard Life Assurance Company, 26 Freehold Properties in Covent Garden'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.
Mean score of companies in the 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.
Standard Life Assurance Company, 26 Freehold Properties in Covent Garden's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Standard Life Assurance Company, 26 Freehold Properties in Covent Garden, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes Shaftesbury Capital PLC, from which it inherits climate-related commitments and performance metrics. As a merged entity, Standard Life Assurance Company aligns its climate initiatives with those of Shaftesbury Capital PLC, which has established significant climate commitments. While specific reduction targets from the Science Based Targets initiative (SBTi) or other frameworks are not detailed for Standard Life Assurance Company, the overarching goals and strategies from Shaftesbury PLC may influence its climate action plans. The absence of direct emissions data suggests that Standard Life Assurance Company is in the process of developing its own climate strategy, potentially leveraging the initiatives and performance metrics of its parent organization. This context highlights the importance of corporate relationships in shaping climate commitments and emissions reporting within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 99,150 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,196,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 180,420 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - | 000,000 | 000,000 | - | - | 00,000,000 |
Standard Life Assurance Company, 26 Freehold Properties in Covent Garden's Scope 3 emissions, which increased significantly last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
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.
Standard Life Assurance Company, 26 Freehold Properties in Covent Garden 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.