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.
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.
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.
Ilmarinen Mutual Pension Insurance's score of 60 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ilmarinen Mutual Pension Insurance reported total carbon emissions of approximately 1,466,940,000 kg CO2e. This figure includes Scope 1 emissions of about 1,909,000 kg CO2e, Scope 2 emissions of approximately 10,970,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 1,454,061,000 kg CO2e, primarily driven by investments (approximately 1,379,767,000 kg CO2e). Ilmarinen has set ambitious climate commitments, aiming for a net-zero portfolio by 2035. The company has established a near-term target to reduce the carbon footprint of its corporate bonds by 30% from 2020 levels by 2025. Additionally, it aims to decrease the weighted carbon intensity of its direct listed equity and corporate bond investment portfolio by 30% by 2025 and by 50% by 2030, using 2020 as the baseline. The emissions data is not cascaded from any parent organization, and all figures are reported directly by Ilmarinen. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and responsible investment practices.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | 0,000,000 |
Scope 2 | - | - | - | - | - | 00,000,000 |
Scope 3 | - | - | - | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
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 participating in any of the initiatives that 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.