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Now Pensions
Now Pensions, officially known as Now Pensions Limited, is a leading provider of workplace pensions based in Great Britain. Founded in 2011, the company has rapidly established itself in the pensions industry, focusing on delivering high-quality, affordable pension solutions to employers and their employees across the UK. With a commitment to transparency and simplicity, Now Pensions offers a range of services, including auto-enrolment pensions and investment management, designed to meet the diverse needs of the workforce. Their unique approach combines low fees with a robust investment strategy, ensuring that members can build a secure financial future. Recognised for its innovative solutions, Now Pensions has achieved significant milestones, positioning itself as a trusted partner for businesses navigating the complexities of pension regulations. With a strong market presence, the company continues to lead the way in promoting financial security for all.
DitchCarbon Score
How does Now Pensions'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 Financial Intermediation 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
Now Pensions's score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Now Pensions's reported carbon emissions
In 2024, Now Pensions reported significant carbon emissions, with a total of approximately 1,460,970,000 kg CO2e, all of which fall under Scope 3 emissions. This figure highlights the company's substantial indirect emissions, which are critical for understanding its overall carbon footprint. For the previous year, 2023, Now Pensions disclosed Scope 1 and 2 emissions amounting to about 142,908,000 kg CO2e. In 2022, these emissions were slightly higher at approximately 164,700,000 kg CO2e. The data indicates a focus on managing and reducing emissions, particularly in the context of their investment strategies. Now Pensions has set ambitious reduction targets, committing to a 50% reduction in emissions by 2030, using 2019 levels as a baseline. This target applies to both Scope 1 and Scope 2 emissions, demonstrating a proactive approach to climate commitments. The emissions data is cascaded from its parent organization, Now: Pensions Ltd., which is part of the Marsh & McLennan Companies, Inc. corporate family. This relationship underscores the importance of collaborative efforts in addressing climate change across the organisation. Overall, Now Pensions is actively working towards reducing its carbon emissions and aligning its operations with industry standards for sustainability and climate responsibility.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | - | - | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Now Pensions is not participating in any of the initiatives that 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.
