Lothian Pension Fund

The Lothian Pension Fund, operating within the insurance and pension funding services sector in Great Britain, has disclosed significant Scope 3 emissions for the year 2021, amounting to approximately 3.7 trillion kg CO2e. This figure specifically relates to the "use of sold products."

For the most recent reporting year available, 2022, the fund has not disclosed specific absolute emissions data across any scopes. Similarly, in 2020, 2019, and 2018, no absolute emissions data was reported. The available data points for these earlier years primarily indicate a "Weighted Average Carbon Intensity (tons CO2/$M sales)," suggesting an indirect measure of environmental performance rather than direct greenhouse gas accounting. For instance, in 2018, this intensity was approximately 0.149 tons CO2/$M sales, which decreased to about 0.102 tons CO2/$M sales in 2022.

The Lothian Pension Fund has not provided specific details on reduction targets or commitments, such as Science Based Targets initiative (SBTi) goals or adherence to initiatives like the Climate Pledge. The organisation's climate commitment is presented as originating from Lothian Pension Fund itself, with no indication of data cascading from a parent or related entity. Further information on their climate strategy and specific emissions reduction initiatives would be beneficial for a comprehensive understanding.