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OrganisationsAp7
Ap7 logo

Ap7

Insurance ServicesSweden
Last verified 11 days agoap7.se

Ap7, officially known as Första AP-fonden, is a prominent player in the insurance and pension funding services sector, headquartered in Stockholm, Sweden. Established in 2000, Ap7 has carved a niche in providing innovative pension solutions, primarily focusing on the premium pension system in Sweden.

With a commitment to sustainable investment practices, Ap7 offers a range of unique products, including the AP7 Såfa fund, which is designed to automatically adjust risk levels based on the investor's age. This approach not only simplifies pension planning but also enhances potential returns for clients.

Recognised for its strong market position, Ap7 has consistently achieved notable milestones, including significant growth in assets under management, making it a trusted choice for individuals seeking reliable pension solutions in Sweden and beyond.

53
DitchCarbon score

+16 vs industry average

Ap7’s score of 53 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2027

000.0B000.0B000.0B000.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Ap7's reported carbon emissions

Ap7, headquartered in SE and operating within the Insurance and pension funding services industry, has established comprehensive climate commitments. For the year 2024, Ap7 reported substantial greenhouse gas emissions. Total emissions amounted to approximately 40.51 billion kg CO2e. This total is comprised of Scope 1 emissions totalling about 3.33 billion kg CO2e, Scope 2 emissions of approximately 892.93 million kg CO2e, and Scope 3 emissions reaching around 34.17 billion kg CO2e. In the preceding year, 2023, Ap7's emissions data indicates a significant portion attributed to Scope 3, with a total of approximately 278 billion kg CO2e. Scope 1 and 2 emissions combined for 2023 were approximately 43 billion kg CO2e. Ap7's climate action plan outlines a commitment to reducing its climate impact. The company has set a long-term target to reduce climate impact from purchased goods and services by 52% by 2030, specifically addressing Scope 3.1. Furthermore, Ap7 aims for a 97% reduction in climate impact per square metre of its total asset portfolio by 2040, encompassing all Scope 3 emissions. Ap7 has also committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. This includes a reduction target for property management emissions of 46% by 2030, and a 78% reduction in climate impact per square metre by 2040, covering Scope 1, 2, and 3.13. The organization's reporting indicates that Scope 3 data for purchased goods and services is a noted missing data point in some disclosures. Ap7's carbon intensity for Scope 1 and 2 emissions was reported as 0.01 units of CO2e per SEK of revenue in 2024, and 0.0122 units of CO2e per SEK of revenue in 2023. The emissions data for Ap7 is not cascaded from a parent organisation.

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Ap7’s Climate Goals (2030 & 2050)

3 goals

2040

52% reduction in scope 3 upstream

Castellum will reduce climate impact from purchased goods and services by 52 per cent by 2030 (Scope 3.1 Purchased goods and services, which…

Insufficient data52%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Ap7 logoAp7
SEInsurance Services
11 days ago
53
Handelsbanken logoHandelsbanken
SEFinancial Intermediation
13 days ago
97
View
Nordea Bank logoNordea Bank
FIFinancial Intermediation
8 days ago
90
View
Danske Bank A Slash S logoDanske Bank A Slash S
DKFinancial Intermediation
18 days ago
87
View
Swedbank logoSwedbank
SEFinancial Intermediation
2 days ago
58
View
Seaboard Corporation logoSeaboard Corporation
USBusiness Services
19 days ago
50
View
S
SPP Pension & Försäkring AB, Asset management arm
SE-
19 days ago
37
View

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Where does DitchCarbon
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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

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