Emissions from private pensions

General
1

How do people account for private employment pensions? Do you exclude it or do you include it and if so what category do you include it in?

2

We have included it in our own carbon footprint at Carbon+Alt+Delete, under activity 3.15 “investments”. Our bank publishes good data on the footprint of their investments, so we could use a supplier-specific emission factor for it.

Just one additional note: in Belgium we have “collective pension plans”, where the employer puts money directly in a pension plan as part of the salary. So that’s why we included it in the corporate carbon footprint of Carbon+Alt+Delete.

I’m not sure what you mean with private employment pensions. If that is different from what I describe above, their might be arguments to treat it differently.

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3

I include it as routine in 3.15 for my clients, based on employer contributions. however in terms of emissions factor I had to create a custom one based on spend-based factors elsewhere

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4

Thanks all!

And that’s exactly right @KennethVandenBergh - when I talk about private pensions, I am referring to workplace pensions i.e. money that employers put into pension plans on behalf of their employees.

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