Danica Pension, Livsforsikringsaktieselskab

Danica Pension, Livsforsikringsaktieselskab, a Denmark-based entity operating in insurance and pension funding services, reported approximately 12.4 billion kg CO2e in total emissions for the year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2024, Scope 1 emissions were approximately 674.4 million kg CO2e, while Scope 2 emissions stood at approximately 182.7 million kg CO2e. The majority of its emissions, approximately 11.5 billion kg CO2e, fall under Scope 3.

For the preceding year, 2023, Danica Pension reported total emissions of approximately 11.2 billion kg CO2e. This included Scope 1 emissions of approximately 688.1 million kg CO2e, Scope 2 emissions of approximately 158.5 million kg CO2e, and Scope 3 emissions of approximately 10.3 billion kg CO2e.

In 2022, the company's total emissions were approximately 8.0 billion kg CO2e, with Scope 1 emissions at approximately 715.0 million kg CO2e, Scope 2 emissions at approximately 169.1 million kg CO2e, and Scope 3 emissions at approximately 7.1 billion kg CO2e.

In 2021, Danica Pension disclosed Scope 3 emissions specifically from investments, totalling approximately 5.6 billion kg CO2e. Similarly, for 2020, Scope 3 emissions from investments were approximately 7.1 billion kg CO2e.

Danica Pension's emissions data is cascaded from Danske Bank A/S, its ultimate parent organisation. While specific reduction targets are not detailed, the company's GHG intensity is reported, with a figure of 0.237 units of revenue for 2024 and 0.255 for 2023, measured against revenue in EUR. It is noted that Scope 3 category "purchased goods and services" data is missing for the reported years.