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Just Group PLC

Common Name
Just Group
Country
United Kingdom
Sector
Financial Services
Industry
Insurance - Specialty
Employees
1,384
Ticker
JUST
Exchange
London Stock Exchange
Description
Just Group plc is a FTSE 250-listed UK financial services company specializing in retirement income products and services. Headquartered in Reigate, Surrey, it primarily serves the retirement income m...

Just Group's GHG Emissions Data Preview

In 2024, Just Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Just Group has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)20242023
Total Scope 1
70a
73a
Total Scope 2
Market-Based
2a
1a
Location-Based
202a
177a
Total Scope 3
1,187.3a
815.1a
Total Scope 1 Revenue Intensity (tCO2e/$M)
N/A
0.0629a
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Verified Sources Behind Just Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Just Group's Annual Report 2024

Insights into Just Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Just Group amounted to 272 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Just Group increased by 8.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Just Group's Scope 1 Emissions Over Time

20232024020406080tCO2e-4%
  • Total Scope 1
  • Year-over-Year Change

What are Just Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Just Group were 70 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Just Group's Scope 1 emissions decreased by 4.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Just Group's Scope 2 emissions?

In 2024, Just Group reported Scope 2 greenhouse gas (GHG) emissions of 2 tCO₂e using the market-based method and 202 tCO₂e using the location-based method.a

Has Just Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Just Group's Scope 2 emissions (Location-Based) rose by 14.12% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Just Group use for Scope 2 reporting?

In 2024, Just Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Just Group's Scope 2 Emissions Over Time

20232024055110165220tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Just Group's Value Chain Emissions

In 2024, Just Group reported 1,187.3 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Just Group includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Just Group's Scope 3 Emissions Over Time

2023202403006009001.2 ktCO2e+46%
  • Total Scope 3
  • Year-over-Year Change

What are Just Group's Scope 3 emissions?

In 2024, Just Group reported total Scope 3 emissions of 1,187.3 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Just Group's Scope 3 emissions increased by 45.66%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Just Group disclose?

In 2024, Just Group reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Just Group's Scope 3 emissions?

In 2024, the largest contributors to Just Group's Scope 3 emissions were:a

  • Employee Commuting (Cat. 7): 1,016 tCO₂e (85.57%)
  • Business Travel (Cat. 6): 166 tCO₂e (13.98%)
  • Waste Generated in Operations (Cat. 5): 5.3 tCO₂e (0.45%)

Just Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(14.0%)Employee Commuting(Cat. 7)(85.6%)

Insights into Just Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Just Group reported Scope 1 greenhouse gas (GHG) emissions of 73 tCO₂e and total revenues of USD 1,161 millions. This translates into an emissions intensity of 0.06 tCO₂e per millions USD.a

Just Group's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)QuilterYear: 2025Scope 1: 276 tCO2eRevenue: $M 12,603Scope 1 Intensity: 0.02 tCO2e/$MRIT Capital PartnersYear: 2024Scope 1: 29 tCO2eRevenue: $M 471Scope 1 Intensity: 0.06 tCO2e/$MMan GroupYear: 2024Scope 1: 533 tCO2eRevenue: $M 1,434Scope 1 Intensity: 0.37 tCO2e/$MInvestec PLCYear: 2026Scope 1: 210 tCO2eRevenue: $M 2,901Scope 1 Intensity: 0.07 tCO2e/$MAberdeen GroupYear: 2024Scope 1: 692 tCO2eRevenue: $M 1,918Scope 1 Intensity: 0.36 tCO2e/$MJanus Henderson GroupYear: 2024Scope 1: 116 tCO2eRevenue: $M 2,473Scope 1 Intensity: 0.05 tCO2e/$MSage GroupYear: 2024Scope 1: 1,399 tCO2eRevenue: $M 3,121Scope 1 Intensity: 0.45 tCO2e/$MSantamYear: 2025Scope 1: 1,447 tCO2eRevenue: $M 3,705Scope 1 Intensity: 0.39 tCO2e/$MGeorgia CapitalYear: 2024Scope 1: 70 tCO2eRevenue: $M 137Scope 1 Intensity: 0.51 tCO2e/$MTp Icap GroupYear: 2024Scope 1: 912 tCO2eRevenue: $M 2,827Scope 1 Intensity: 0.32 tCO2e/$MEnact HoldingsYear: 2024Scope 1: 196 tCO2eRevenue: $M 1,202Scope 1 Intensity: 0.16 tCO2e/$MFirst American FinancialYear: 2024Scope 1: 4,193 tCO2eRevenue: $M 6,120Scope 1 Intensity: 0.69 tCO2e/$MBupa Arabia for Cooperative InsuranceYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,009Scope 1 Intensity: 0.02 tCO2e/$MAXIS Capital HoldingsYear: 2024Scope 1: 86 tCO2eRevenue: $M 6,014Scope 1 Intensity: 0.01 tCO2e/$MMedibankYear: 2025Scope 1: 58 tCO2eRevenue: $M 5,621Scope 1 Intensity: 0.01 tCO2e/$MRadian GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 1,290Scope 1 Intensity: 0.03 tCO2e/$MLancashire HoldingsYear: 2024Scope 1: 148 tCO2eRevenue: $M 1,701Scope 1 Intensity: 0.09 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MProtector ForsikringYear: 2022Scope 1: 1 tCO2eRevenue: $M 622Scope 1 Intensity: 0.00 tCO2e/$MBeazleyYear: 2024Scope 1: 8 tCO2eRevenue: $M 1,019Scope 1 Intensity: 0.01 tCO2e/$MJust GroupYear: 2023Scope 1: 73 tCO2eRevenue: $M 1,161Scope 1 Intensity: 0.06 tCO2e/$M

How does Just Group's GHG emissions intensity compare to its peers?

In 2023, Just Group reported a Scope 1 emissions intensity of 0.06 tCO₂e per millions USD. Compared to the peer group median of 0.07, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Just Group rank on GHG emissions intensity within its industry?

In 2023, Just Group ranked 11 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Just Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Just Group's Total Carbon Footprint

In 2024, Just Group reported a total carbon footprint of 1,459.3 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.01% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Just Group's total carbon footprint was Scope 3 emissions, accounting for 81.36% of the company's total carbon footprint, followed by Scope 2 emissions at 13.84%.a

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