APG, officially known as APG Group N.V., is a leading player in the Dutch pension and asset management industry, headquartered in the Netherlands. Founded in 1924, APG has established itself as a trusted partner for pension funds, providing comprehensive services in asset management, pension administration, and consultancy. With a strong presence in Europe and a growing footprint in global markets, APG manages over €600 billion in assets, making it one of the largest pension providers in the region. The company is renowned for its innovative investment strategies and commitment to sustainable investing, setting it apart in a competitive landscape. APG's dedication to delivering tailored solutions and its robust governance framework have earned it numerous accolades, solidifying its position as a market leader in the pension sector.
How does APG'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 Financial Intermediation 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.
APG's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, APG reported total carbon emissions of approximately 10,627,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions amounted to about 700,000 kg CO2e, primarily from stationary combustion and fugitive emissions. Scope 2 emissions, which include purchased electricity and heat, totalled around 4,949,000 kg CO2e. Notably, Scope 3 emissions, which encompass business travel, waste generated in operations, and fuel and energy-related activities, reached approximately 10,190,000 kg CO2e. In the previous years, APG's emissions were as follows: in 2022, total emissions were about 8,152,000 kg CO2e; in 2021, they were approximately 7,200,000 kg CO2e; and in 2020, specific emissions data was not disclosed. Despite these figures, APG has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The organisation's emissions data reflects a comprehensive approach to tracking carbon outputs across all relevant scopes, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,143,000 | 000,000 | 000,000 |
Scope 2 | 4,693,000 | 0,000,000 | 0,000,000 |
Scope 3 | 5,985,800 | 0,000,000 | 00,000,000 |
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.
APG 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.