Ilmarinen Mutual Pension Insurance
Ilmarinen Mutual Pension Insurance Company, commonly referred to as Ilmarinen, is a leading Finnish pension insurance provider headquartered in Helsinki, Finland. Established in 1961, Ilmarinen has played a pivotal role in the Finnish pension landscape, focusing on statutory earnings-related pension insurance for both private and public sector employees. With a strong presence across Finland, Ilmarinen offers a range of services, including pension management and investment solutions, distinguished by its commitment to sustainable investment practices. The company is recognised for its robust financial performance and innovative approach to pension solutions, positioning it as a trusted partner in securing the financial futures of its clients. Notable achievements include its significant market share and a reputation for excellence in customer service within the pension insurance industry.
DitchCarbon Score
How does Ilmarinen Mutual Pension Insurance'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.
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.
Industry Benchmark
Ilmarinen Mutual Pension Insurance's score of 44 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ilmarinen Mutual Pension Insurance's reported carbon emissions
In 2023, Ilmarinen Mutual Pension Insurance reported total emissions of approximately 801,172,000 kg CO2e for Scope 1 and 2, while Scope 3 emissions reached about 15,151,303,000 kg CO2e. This reflects a significant commitment to addressing climate change, with the organisation aiming for a 30% reduction in its carbon footprint from corporate bonds by 2025, compared to 2020 levels. Furthermore, Ilmarinen has set an ambitious target to achieve a net zero portfolio by 2035, encompassing all scopes of emissions. Over the past few years, emissions have fluctuated, with 2022 showing total emissions of approximately 1,319,570,000 kg CO2e for Scope 1 and 2, and Scope 3 emissions at about 10,461,583,000 kg CO2e. In 2021, the total emissions were approximately 1,185,284,000 kg CO2e for Scope 1 and 2, alongside 998,764,000 kg CO2e for Scope 3. Ilmarinen's proactive approach to climate commitments and reduction targets positions it as a responsible player in the financial sector, striving to mitigate its environmental impact while promoting sustainability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 350,588,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | 279,146,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions 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.
Ilmarinen Mutual Pension Insurance 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.
