APG
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
APG's score of 33 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
APG's reported carbon emissions
In 2023, APG reported total carbon emissions of approximately 10,627,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions totalled about 703,000 kg CO2e, comprising 70,000 kg CO2e from fugitive emissions and 633,000 kg CO2e from stationary combustion. Scope 2 emissions, primarily from purchased electricity and heat, accounted for about 4,949,000 kg CO2e, while Scope 3 emissions reached approximately 10,414,000 kg CO2e, with significant contributions from fuel and energy-related activities (10,190,000 kg CO2e) and waste generated in operations (4,341,000 kg CO2e). In 2022, APG's total emissions were about 8,152,000 kg CO2e, indicating a rise in emissions in 2023. The breakdown for 2022 shows Scope 1 emissions at approximately 587,000 kg CO2e, Scope 2 at about 3,770,000 kg CO2e, and Scope 3 at around 4,795,000 kg CO2e. Despite the increase in emissions, APG has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The company continues to monitor its emissions across all scopes, aiming to enhance its sustainability practices in alignment with industry standards.
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Add to project| 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 |
Industry emissions intensity
Location emissions intensity
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.
APG is not committed to any reduction initiatives 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.
