PensionDanmark, officially known as PensionDanmark A/S, is a prominent pension fund headquartered in Denmark (DK). Established in 1993, the organisation has grown to become a key player in the Danish pension industry, primarily serving the needs of employees in the private sector. With a focus on providing comprehensive pension solutions, PensionDanmark offers a range of services including retirement savings, investment management, and insurance products tailored to enhance financial security for its members. The fund is distinguished by its commitment to sustainable investments, aligning with global trends towards responsible finance. Over the years, PensionDanmark has achieved significant milestones, including notable growth in assets under management, positioning itself as one of the leading pension providers in Denmark. Its innovative approach and member-centric services continue to set it apart in a competitive market.
How does Pensiondanmark'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.
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.
Pensiondanmark's score of 48 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PensionDanmark reported total carbon emissions of approximately 1,832,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,826,000,000 kg CO2e. Specifically, Scope 1 emissions were about 65,000 kg CO2e, and Scope 2 emissions were approximately 38,000 kg CO2e. The majority of their emissions stemmed from investments, which totalled around 1,816,000,000 kg CO2e. PensionDanmark has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). Their portfolio targets cover 56% of total investments and lending by assets under management as of 2021, with required activities making up 56% and optional activities 16%. The company has set near-term targets consistent with limiting global warming to 1.5°C, with specific goals for 2030 and 2027. Overall, PensionDanmark is actively working towards substantial reductions in their carbon footprint, particularly through their investment strategies, while adhering to industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 540,980,000 | - | - | - | - | 0,000,000,000 |
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Pensiondanmark is participating in some 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.