National Pension Service
The National Pension Service (NPS), headquartered in South Korea (KR), is a leading institution in the pension fund industry, established in 1988. With a focus on providing financial security for retirees, NPS operates primarily across South Korea, managing a vast portfolio of assets that positions it as one of the largest pension funds globally. NPS offers a range of services, including retirement pensions, disability pensions, and survivor benefits, distinguished by its commitment to sustainable investment practices. Over the years, the organisation has achieved significant milestones, including the implementation of innovative investment strategies that enhance its market position. Recognised for its robust governance and transparency, NPS continues to play a pivotal role in shaping the future of pension services in South Korea and beyond.
DitchCarbon Score
How does National Pension Service'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 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.
Industry Benchmark
National Pension Service's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Pension Service's reported carbon emissions
In 2023, the National Pension Service (NPS) reported total carbon emissions of approximately 11,423,000 kg CO2e. This figure includes about 1,464,000 kg CO2e from Scope 1 emissions and about 9,959,000 kg CO2e from Scope 2 emissions. The previous year, 2022, saw total emissions of about 10,832,000 kg CO2e, with Scope 1 emissions at approximately 1,463,000 kg CO2e and Scope 2 emissions at about 9,369,000 kg CO2e. Over the past few years, NPS has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The emissions data indicates a slight increase in total emissions from 2022 to 2023, which may reflect broader industry trends or operational changes. NPS does not currently report Scope 3 emissions, which encompass indirect emissions from the value chain. The absence of specific reduction targets or climate pledges suggests that while NPS is aware of its emissions, it may still be in the early stages of formalising its climate commitments. Overall, the NPS's emissions data reflects its operational impact, and ongoing monitoring will be essential for understanding its future climate strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,904,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,688,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
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.
National Pension Service 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.
