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 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, APG reported total carbon emissions of approximately 5,944,000 kg CO2e, a decrease from about 6,191,000 kg CO2e in 2023. The emissions data for 2023 from the Netherlands indicates a total of about 10,627,000 kg CO2e, which includes Scope 1 emissions of approximately 700,000 kg CO2e (fugitive emissions and stationary combustion), Scope 2 emissions of about 4,949,000 kg CO2e (purchased heat and electricity), and Scope 3 emissions of approximately 5,000,000 kg CO2e (business travel and waste generated in operations). APG has set ambitious climate commitments, aiming for a 50% absolute reduction in the CO2 footprint of their listed equity and credit portfolios by 2030, in line with the Climate Commitment of the Dutch Financial Sector to the Dutch Climate Agreement. This target applies to both Scope 1 and Scope 2 emissions and reflects their commitment to sustainable investment practices. The emissions data for APG is cascaded from its parent company, APG Asset Management NV, which provides a comprehensive view of their carbon footprint and climate initiatives. As a current subsidiary, APG is actively working towards these reduction targets while contributing to broader climate goals within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 8,226,000 | 0,000,000 | 000,000 | - | - |
Scope 2 | 7,227,000 | 0,000,000 | 0,000,000 | - | - |
Scope 3 | - | 0,000,000 | 0,000,000 | - | - |
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.