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.
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.
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.
Avon Pension Fund's score of 27 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Avon Pension Fund reported total carbon emissions of approximately 75,572,000 kg CO2e from Scope 1, 66,000 kg CO2e from Scope 2, and a significant 81,279,000 kg CO2e from Scope 3 emissions. This marked a notable increase in Scope 3 emissions compared to previous years, indicating a growing impact from purchased goods and services. In 2021, the fund's emissions were approximately 86,755,000 kg CO2e for Scope 1, 100,000 kg CO2e for Scope 2, and 41,000 kg CO2e for Scope 3. The trend shows a reduction in Scope 1 and Scope 2 emissions over the years, with Scope 1 emissions decreasing from about 139,256,000 kg CO2e in 2019 to 75,572,000 kg CO2e in 2022. Despite these figures, Avon Pension Fund has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The fund's focus appears to be on monitoring and reporting emissions rather than implementing formal reduction strategies at this time.
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Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 139,256,000 | 00,000 | 00,000,000 | 00,000,000 |
Scope 2 | 133,000 | 00,000 | 000,000 | 00,000 |
Scope 3 | 79,000 | 00,000 | 00,000 | 00,000,000 |
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.
Avon Pension Fund is not committed to any reduction initiatives 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.