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 30 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 2022, APG reported total carbon emissions of approximately 51,674,200 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 587,000 kg CO2e, while Scope 2 emissions totalled approximately 3,770,000 kg CO2e, and Scope 3 emissions reached around 51,000,000,000 kg CO2e. 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 alignment 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, reflecting a proactive approach to mitigating climate impact. The emissions data is cascaded from APG Asset Management NV, the parent organization, which provides a comprehensive view of APG's carbon footprint and climate strategy. As a current subsidiary, APG is committed to transparency and accountability in its climate initiatives, contributing to broader industry efforts to combat climate change.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
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 | 0,000,000,000,000 |
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.