Lothian Pension Fund, often referred to as LPF, is a prominent pension fund based in Edinburgh, GB. Established in 1994, it has grown to serve a diverse range of clients across the Lothian region, focusing on providing secure retirement benefits to its members. Operating within the financial services industry, LPF is dedicated to managing pension assets and delivering sustainable investment solutions. Its core offerings include a variety of pension schemes and investment strategies, distinguished by a commitment to responsible investing and long-term growth. With a strong market position, Lothian Pension Fund has achieved notable milestones, including recognition for its innovative approach to environmental, social, and governance (ESG) factors in investment decisions. This dedication to sustainability sets LPF apart in the competitive landscape of pension fund management.
How does Lothian 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.
Lothian Pension Fund's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lothian Pension Fund reported total carbon emissions of approximately 227,800,000 kg CO2e for Scope 1, 155,900,000 kg CO2e for Scope 2, and 151,000,000 kg CO2e for Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were about 224,900,000 kg CO2e, while Scope 2 emissions remained relatively stable. Over the years, Lothian Pension Fund has demonstrated a commitment to reducing its carbon footprint. From 2018 to 2023, the fund has achieved a significant reduction in Scope 1 emissions, decreasing from approximately 328,600,000 kg CO2e in 2018 to 227,800,000 kg CO2e in 2023. Similarly, Scope 2 emissions have decreased from about 218,900,000 kg CO2e in 2018 to 155,900,000 kg CO2e in 2023. Despite these reductions, there are currently no specific reduction targets or climate pledges documented for Lothian Pension Fund. The fund's ongoing efforts to manage and reduce emissions align with industry standards for climate action, although further commitments could enhance its sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 328,600,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 218,900,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 266,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Lothian 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.