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Public Profile
Financial Intermediation
NL
updated 2 months ago

APG Sustainability Profile

Company website

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.

52

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.

32

Industry Benchmark

APG's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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APG's reported carbon emissions

In 2024, APG reported total carbon emissions of approximately 101,559,242,000 kg CO2e, with significant contributions from Scope 1 emissions at about 8,758,773,000 kg CO2e, Scope 2 emissions at around 2,216,059,000 kg CO2e, and Scope 3 emissions reaching approximately 90,584,409,000 kg CO2e. The previous year, 2023, saw total emissions of about 106,270,000 kg CO2e in the Netherlands, with Scope 1 emissions at approximately 1,256,000 kg CO2e, Scope 2 emissions at about 4,934,000 kg CO2e, and Scope 3 emissions at around 2,926,000 kg CO2e from business travel alone. APG has committed to ambitious climate targets, aiming for a 50% absolute reduction in the CO2 footprint of its listed equity and credit portfolios by 2030. This commitment aligns with the Climate Commitment of the Dutch Financial Sector to the Dutch Climate Agreement, reflecting a proactive approach to mitigating climate impact. The emissions data for APG is cascaded from its parent organization, APG Asset Management NV, which provides a comprehensive view of the company's carbon footprint across its global operations. The reported figures highlight the importance of addressing both direct and indirect emissions, particularly in Scope 3, which constitutes the majority of APG's total emissions.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20202021202220232024
Scope 1
8,226,000
0,000,000
0,000,000
0,000,000,000
0,000,000,000
Scope 2
7,227,000
0,000,000
0,000,000
0,000,000,000
0,000,000,000
Scope 3
-
0,000,000
0,000,000
00,000,000,000
00,000,000,000

How Carbon Intensive is APG's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. APG's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is APG's Location?

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 APG is in NL, which has a very low grid carbon intensity relative to other regions.

APG's Scope 3 Categories Breakdown

APG's Scope 3 emissions, which increased by 3% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.

Top Scope 3 Categories

2024
Investments
<1%

APG's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

APG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare APG's Emissions with Industry Peers

Ardian

FR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

ALLIANZ GROUP

DE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 3 hours ago

Global Infrastructure Management, LLC

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Legal And General

GB
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 10 days ago

Teachers Insurance and Annuity Association-College Retirement Equities Fund

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

BURLCO PUBLIC LIMITED COMPANY

IE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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