Universities Superannuation Scheme Limited
Universities Superannuation Scheme Limited (USS) is a prominent pension scheme provider based in Great Britain, primarily serving the higher education sector. Founded in 1974, USS has established itself as a leading player in the pension industry, managing substantial assets for universities and their employees across the UK. Headquartered in Liverpool, USS operates extensively throughout the UK, focusing on delivering robust retirement solutions. The scheme offers a range of core services, including defined benefit and defined contribution pension plans, distinguished by their commitment to sustainability and responsible investment practices. With a strong market position, USS is recognised for its innovative approach to pension management, consistently achieving notable milestones in asset growth and member satisfaction. As a trusted partner for educational institutions, USS continues to play a vital role in securing the financial futures of its members.
DitchCarbon Score
How does Universities Superannuation Scheme 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 Funds, trusts, and financial vehicles 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
Universities Superannuation Scheme Limited's score of 22 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Universities Superannuation Scheme Limited's reported carbon emissions
In 2023, Universities Superannuation Scheme Limited (USS) reported total carbon emissions of approximately 2,600 kg CO2e for Scope 1 and 2, and about 8,500 kg CO2e for Scope 3 emissions in Great Britain. This reflects a slight increase in Scope 1 and 2 emissions from 2022, where they were around 3,300 kg CO2e, while Scope 3 emissions decreased from approximately 7,200 kg CO2e in the same year. USS has set ambitious climate commitments, aiming for net-zero emissions across its investments by 2050. This long-term target applies to both Scope 1 and Scope 2 emissions. Additionally, USS has established a near-term goal to reduce the emissions intensity of its non-sovereign assets by 25% by 2025 and by 50% by 2030, using 2019 as the baseline year. The organisation's emissions data is not cascaded from any parent company, indicating that these figures are independently reported. USS continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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.
Universities Superannuation Scheme Limited 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.
