Danica Pension, Livsforsikringsaktieselskab, headquartered in Denmark (DK), is a prominent player in the life insurance and pension industry. Founded in 1990, the company has established itself as a trusted provider of pension solutions and life insurance products, catering primarily to the Danish market while also serving clients in select international regions. Danica Pension offers a range of core services, including individual and group pension plans, investment options, and risk insurance. What sets them apart is their commitment to sustainable investments and customer-centric solutions, ensuring that clients receive tailored financial advice. With a strong market position, Danica Pension has achieved notable milestones, including recognition for its innovative approach to pension management and customer service excellence.
How does Danica Pension, Livsforsikringsaktieselskab'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 Insurance Services 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.
Danica Pension, Livsforsikringsaktieselskab's score of 59 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Danica Pension, Livsforsikringsaktieselskab, headquartered in Denmark (DK), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Danske Bank A/S, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Danica Pension, it is important to note that any climate initiatives or targets may be inherited from its parent company, Danske Bank A/S. This includes potential commitments to the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are cascaded from Danske Bank A/S at a corporate family level. As a part of the financial services sector, Danica Pension is likely to align its strategies with industry standards for sustainability and climate action, although specific initiatives or achievements are not detailed in the available data. The absence of emissions data and reduction targets suggests a need for further transparency and commitment to climate action within the organisation.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,523,000 | 0,000,000 | 000,000 | - | - | - | 000,000 | 000,000 | 
| Scope 2 | 5,363,000 | 0,000,000 | 0,000,000 | - | - | - | 0,000,000 | 0,000,000 | 
| Scope 3 | 11,203,000 | 00,000,000 | 00,000,000 | - | - | - | 0,000,000 | 0,000,000 | 
Danica Pension, Livsforsikringsaktieselskab's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 23% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 79% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 84% of Scope 3 emissions.
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.
Danica Pension, Livsforsikringsaktieselskab 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.