Scottish Friendly
Sustainability Report and Carbon Intensity Rankings
Is Scottish Friendly doing their part?
Their DitchCarbon score is 56
Scottish Friendly has a DitchCarbon Score of 56, indicating a moderate level of sustainability in their operations. This score reflects the company’s current carbon intensity, which suggests there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering their carbon intensity and enhancing their environmental performance.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Scottish Friendly is part of the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Scottish Friendly is situated in the UK, where the carbon intensity is rated as very low, indicating a cleaner energy grid. This favorable rating suggests that the company’s operations are likely to have a lower carbon footprint, contributing positively to its sustainability efforts.
Unlock 30+ emissions data points on Scottish Friendly
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Scottish Friendly
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
5.17%
...this company is doing 5.17% better in emissions than the industry average.
Scottish Friendly, founded in 1862 and based in Glasgow, operates within the finance sector as a friendly society without shareholders. The company specializes in offering a variety of financial products and services, with a focus on savings and investments, managing assets worth over £2.6 billion. Known for its long history and evolution, Scottish Friendly is committed to benefiting its policyholders and is regulated by prominent financial authorities in the UK.
emission intelligence's platform recommendations for Scottish Friendly
Scottish Friendly should set clear and achievable emissions reduction targets for stationary combustion sources to potentially lower their emissions by 0.3%.
Bad news, Scottish Friendly hasn't committed to SBTi goals yet
Scottish Friendly has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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