Public Profile

Alecta Pensionsforsakring Omsesidigt

Alecta Pensionsforsakring Omsesidigt, commonly referred to as Alecta, is a prominent pension insurance company headquartered in Stockholm, Sweden. Established in 1917, Alecta has grown to become a key player in the Swedish pension industry, primarily serving the occupational pension market. The company focuses on providing comprehensive pension solutions, including traditional insurance and investment management services, tailored to meet the needs of both employers and employees. With a strong commitment to sustainability and responsible investment, Alecta distinguishes itself through its unique approach to asset management, ensuring long-term value for its clients. As one of Sweden's largest pension providers, Alecta has achieved significant milestones, including a robust market position and a reputation for financial stability and customer satisfaction.

DitchCarbon Score

How does Alecta Pensionsforsakring Omsesidigt'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.

39

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.

27

Industry Benchmark

Alecta Pensionsforsakring Omsesidigt's score of 39 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Alecta Pensionsforsakring Omsesidigt's reported carbon emissions

In 2023, Alecta Pensionsforsakring Omsesidigt reported total carbon emissions of approximately 789,000,000 kg CO2e. This figure includes 2,056,000 kg CO2e from Scope 1 emissions, 571,098,000 kg CO2e from Scope 2 emissions, and 216,153,000 kg CO2e from Scope 3 emissions, which encompasses business travel emissions of about 66,674 kg CO2e. Comparatively, in 2022, the organisation's emissions were approximately 675,000,000 kg CO2e, with Scope 1 emissions at 1,750,000 kg CO2e, Scope 2 emissions at 406,125,000 kg CO2e, and Scope 3 emissions at 269,283,000 kg CO2e, including business travel emissions of about 57,273 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Alecta has disclosed emissions data across all three scopes (1, 2, and 3) for the years 2018 through 2023. However, there are currently no specific reduction targets or initiatives outlined in their reports, indicating a potential area for future commitment and improvement in their climate strategy. Overall, Alecta's emissions reflect the broader industry context, where financial institutions are increasingly scrutinised for their environmental impact and are expected to adopt more robust climate commitments.

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201820192020202120222023
Scope 1
90,915,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
3,225,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
639,880,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Alecta Pensionsforsakring Omsesidigt's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Alecta Pensionsforsakring Omsesidigt is in SE, which has a very low grid carbon intensity relative to other regions.

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.

Alecta Pensionsforsakring Omsesidigt 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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