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Public Profile
Insurance Services
SE
updated 2 months ago

Försäkringsaktiebolaget Skandia (publ) Sustainability Profile

Company website

Försäkringsaktiebolaget Skandia (publ), commonly known as Skandia, is a prominent player in the Swedish insurance and financial services industry. Headquartered in Stockholm, Sweden, Skandia operates primarily in the Nordic region, providing a range of services designed to meet the diverse needs of its clients. Founded in 1855, Skandia has a rich history marked by significant milestones, including its evolution into a leading provider of life insurance, pensions, and asset management solutions. The company is renowned for its innovative approach to financial planning and investment, offering unique products that cater to both individual and corporate clients. With a strong market position, Skandia has consistently been recognised for its commitment to customer satisfaction and sustainable financial growth, making it a trusted name in the industry.

DitchCarbon Score

How does Försäkringsaktiebolaget Skandia (publ)'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.

26

Industry Average

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.

33

Industry Benchmark

Försäkringsaktiebolaget Skandia (publ)'s score of 26 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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Försäkringsaktiebolaget Skandia (publ)'s reported carbon emissions

Försäkringsaktiebolaget Skandia (publ) currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary and may inherit emissions data from its parent organization, but no specific details have been provided regarding this cascade. In terms of climate commitments, Försäkringsaktiebolaget Skandia (publ) has not outlined any reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi) or other industry standards. The lack of documented climate pledges or reduction strategies suggests that the company may still be in the early stages of developing its climate action framework. As a subsidiary, it is important to note that any potential climate commitments or emissions data may be influenced by the broader corporate family’s sustainability strategies. However, without specific information on these aspects, it is challenging to provide a comprehensive overview of their climate impact or commitments.

How Carbon Intensive is Försäkringsaktiebolaget Skandia (publ)'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Försäkringsaktiebolaget Skandia (publ)'s primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Försäkringsaktiebolaget Skandia (publ)'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 Försäkringsaktiebolaget Skandia (publ) is in SE, which has a very low grid carbon intensity relative to other regions.

Försäkringsaktiebolaget Skandia (publ)'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.

Försäkringsaktiebolaget Skandia (publ) 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 Försäkringsaktiebolaget Skandia (publ)'s Emissions with Industry Peers

Prudential Financial

GB
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 23 hours ago

Metlife

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

Axa

FR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 24 hours ago

Heng-An Standard Life insurance Company limited

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

Taikang Insurance Group Inc.

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 19 days ago

CCB Life Insurance Company Limited

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days 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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