Avon Pension Fund Sustainability Profile
Avon Pension Fund, a prominent pension scheme based in Great Britain, serves the local government and public sector employees across the Avon region. Established in 1974, the fund has evolved significantly, adapting to the changing landscape of pension management while prioritising the financial security of its members. Specialising in the administration of pension benefits, Avon Pension Fund offers a range of services including investment management, retirement planning, and member support. Its commitment to sustainable investment practices sets it apart in the industry, reflecting a dedication to both financial performance and social responsibility. With a strong market position, Avon Pension Fund has achieved notable milestones, including recognition for its innovative approach to pension fund management. As it continues to grow, the fund remains focused on delivering value and security to its members, ensuring a stable financial future for public sector employees in the region.
DitchCarbon Score
How does Avon Pension Fund'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 Insurance 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
Avon Pension Fund's score of 28 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avon Pension Fund's reported carbon emissions
In 2023, the Avon Pension Fund reported total carbon emissions of approximately 51,489,000 kg CO2e, a significant reduction from 75,572,000 kg CO2e in 2022 and 81,279,000 kg CO2e in 2021. This downward trend reflects a commitment to reducing Scope 1 and 2 emissions, which encompass direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Despite these reductions, there are currently no specific reduction targets or climate pledges documented, nor does the fund appear to inherit emissions data from a parent organization. The absence of Scope 3 emissions data indicates a potential area for future focus, as these emissions often represent a substantial portion of an organisation's overall carbon footprint. The Avon Pension Fund's ongoing efforts to address climate change are evident in its annual reporting, which highlights its commitment to responsible investment practices. As the fund continues to monitor and report its emissions, stakeholders can expect further developments in its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Avon Pension Fund's Industry?
How Carbon Intensive is Avon Pension Fund's Location?
Avon Pension Fund'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.
Avon Pension Fund 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.
