The Institute and Faculty of Actuaries Sustainability Profile
The Institute and Faculty of Actuaries (IFoA), headquartered in Great Britain, is a leading professional body for actuaries, dedicated to advancing the actuarial profession. Founded in 1856, the IFoA has played a pivotal role in shaping the industry, providing rigorous education and professional development for actuaries across the globe. Operating primarily in the UK, the IFoA focuses on key business areas such as insurance, pensions, and investment. Its core services include professional qualifications, continuing professional development, and a wealth of resources that support actuaries in their practice. The IFoA is renowned for its commitment to high standards and ethical practice, positioning itself as a trusted authority in the actuarial field. With a strong membership base and a reputation for excellence, the IFoA continues to influence the future of actuarial science.
DitchCarbon Score
How does The Institute and Faculty of Actuaries'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 Membership 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
The Institute and Faculty of Actuaries's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Institute and Faculty of Actuaries's reported carbon emissions
In 2022, The Institute and Faculty of Actuaries reported total carbon emissions of approximately 1,733,000 kg CO2e, comprising 16,000 kg CO2e from Scope 1, 52,000 kg CO2e from Scope 2, and a significant 1,670,000 kg CO2e from Scope 3 emissions. This data reflects a slight increase in Scope 2 emissions compared to 2021, where total emissions were about 1,436,000 kg CO2e, with 16,000 kg CO2e from Scope 1, 45,000 kg CO2e from Scope 2, and 1,383,000 kg CO2e from Scope 3. The Institute and Faculty of Actuaries has not set specific reduction targets or initiatives as part of their climate commitments, nor do they have any climate pledges or SBTi (Science Based Targets initiative) targets. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. Overall, the organisation's commitment to sustainability is evident, although further initiatives and targets would enhance their climate action strategy.
How Carbon Intensive is The Institute and Faculty of Actuaries's Industry?
How Carbon Intensive is The Institute and Faculty of Actuaries's Location?
The Institute and Faculty of Actuaries'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.
The Institute and Faculty of Actuaries 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.
