Public Profile

Folketrygdfondet

Folketrygdfondet, also known as the Government Pension Fund, is a prominent investment management entity headquartered in Norway. Established in 2006, it plays a crucial role in managing the assets of the National Insurance Scheme, focusing on sustainable investments across various sectors. With a strong presence in the Nordic region, Folketrygdfondet is dedicated to maximising returns while adhering to responsible investment principles. The fund's core services include equity and fixed-income investments, with a unique emphasis on ethical and sustainable practices. Folketrygdfondet has garnered recognition for its commitment to transparency and governance, positioning itself as a leader in the investment management industry. Its notable achievements include consistently outperforming benchmarks, reflecting its strategic approach to asset management and dedication to long-term value creation.

DitchCarbon Score

How does Folketrygdfondet'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.

34

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Folketrygdfondet's score of 34 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Folketrygdfondet's reported carbon emissions

In 2023, Folketrygdfondet reported total carbon emissions of approximately 3,374,657,000 kg CO2e, comprising 3,374,657,000 kg CO2e from Scope 1, 268,092,668,000 kg CO2e from Scope 2, and 257,956,017,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were about 3,367,977,000 kg CO2e. Over the years, Folketrygdfondet has shown a commitment to reducing its carbon footprint, with emissions from Scope 2 and Scope 3 fluctuating but remaining significant. Notably, the organisation has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The data highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which includes emissions from purchased goods and services. As the organisation continues to navigate its climate impact, further transparency and commitment to reduction initiatives may enhance its sustainability profile.

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Add to project
20192020202120222023
Scope 1
3,819,713,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
222,138,000
000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
Scope 3
848,237,000
000,000,000
-
000,000,000,000
000,000,000,000

Industry emissions intensity

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

Location emissions intensity

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. Folketrygdfondet is headquartered in NO, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Folketrygdfondet is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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