MMC UK Pension Fund

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2019-2020

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2019-202082.7K mtCO2e (2020)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Review Trustee targets to ensure they remain appropriate

📅 Medium-term

  • Reduce carbon intensity in the Mercer Growth Fund by at least 45% from 2019 baseline levels by 2030
  • Reduce carbon intensity across the Buy and Maintain Investment Grade Credit mandates in aggregate by at least 40% by 2030
  • Reduce the carbon intensity of the Diversified Growth Fund allocation by at least 45% from 2019 baseline levels by 2030

🔭 Long-term

  • Marsh McLennan's commitment to net-zero across its core operations by 2050, with a 50% emissions reduction target by 2030
  • MGIE's ultimate net zero portfolio carbon emissions target by 2050 for the Mercer Diversified Growth Fund

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Limited or unavailable data from illiquid asset managers in the Defined Benefit Section (property, private debt, private equity)
  • Data gaps in climate-related reporting from some public listed companies and emerging market equities

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD
Assurance: EY (third-party evaluator of Mercer)