- Managing climate and environmental risk across the investment portfolio and operations
- Balancing the need for improvements in environmental and governance issues with affordability for customers in the UK water utilities sector
- Regulatory oversight and investment grade rating requirements in the UK water utilities sector limiting firms' control over spending and capital raising for investment plans
Pension Insurance Corporation Group Limited
Greenhouse gas emissions & sustainability report data
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 period | Headline emissions figure reported |
|---|---|
| 2022 | 2.5M tons CO2e (Scope 1 & 2 61% of portfolio covered) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Surpassed 2025 portfolio decarbonisation target
- Reduced Scope 1 and 2 emissions intensity by 26%
- Public corporate credit portfolio aligned to a 1.9°C temperature rise
🎯 Climate & Sustainability Targets
🔜 Short-term
- Carbon neutral as a business by 2025
- Decrease the average carbon intensity of investments in publicly listed corporate credit by 25% from 2019 levels by 2025
📅 Medium-term
- Decrease the investment portfolio’s average carbon intensity by 50% by 2030 from 2019 levels
🔭 Long-term
- Net Zero across all emissions by 2050
🌱 ESG Focus Areas
Long-term sustainable businessResponsible investingProtecting the environmentMaking communities sustainable, safe and inclusive