Public Profile

Chesnara

Chesnara plc, commonly known as Chesnara, is a prominent life and pensions company headquartered in Great Britain. Established in 2000, the firm has made significant strides in the financial services industry, focusing on the management and administration of life insurance and pension products. With a strong operational presence in the UK and Europe, Chesnara has built a reputation for its commitment to customer service and efficient management of policyholder assets. The company offers a range of core services, including life insurance, annuities, and pension administration, distinguished by its customer-centric approach and innovative solutions. Chesnara's strategic acquisitions and robust financial performance have solidified its market position, making it a trusted name in the life and pensions sector. With a focus on sustainable growth, Chesnara continues to adapt to the evolving needs of its clients while maintaining a strong commitment to regulatory compliance and operational excellence.

DitchCarbon Score

How does Chesnara'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.

46

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.

24

Industry Benchmark

Chesnara's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Chesnara's reported carbon emissions

In 2023, Chesnara reported total carbon emissions of approximately 4,961,000 kg CO2e. This figure includes 83,000 kg CO2e from Scope 1 emissions, 97,000 kg CO2e from Scope 2 emissions, and a significant 4,781,000 kg CO2e from Scope 3 emissions, which encompasses business travel, upstream leased assets, purchased goods and services, and upstream transportation and distribution. In 2022, the company's emissions were about 3,394,000 kg CO2e, indicating a notable increase in emissions year-on-year. The breakdown for 2022 included 74,000 kg CO2e from Scope 1, 79,000 kg CO2e from Scope 2, and 3,241,000 kg CO2e from Scope 3. Chesnara has not specified any formal reduction targets or initiatives in their climate commitments, which suggests a need for further development in their sustainability strategy. The absence of documented reduction targets indicates that while the company is tracking emissions, it may not yet have established a clear pathway for reducing its carbon footprint in line with industry standards.

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2020202120222023
Scope 1
-
-
00,000
00,000
Scope 2
15,700
000,000
00,000
00,000
Scope 3
156,200
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chesnara's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Chesnara is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Chesnara is committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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