KLP, or Kommunal Landspensjonskasse, is a leading provider of insurance and pension funding services based in Norway. Established in 1949, KLP has grown to become a prominent player in the industry, focusing on non-compulsory social security services. With its headquarters in Oslo, KLP operates extensively across the Norwegian market, serving municipalities, enterprises, and public sector employees.
KLP offers a range of unique products, including life insurance, pension plans, and asset management services, tailored specifically for the public sector. The company is renowned for its commitment to sustainability and responsible investment, setting it apart from competitors. As a trusted partner in the insurance landscape, KLP has achieved significant milestones, solidifying its market position as a leader in pension funding and insurance solutions.
+25 vs industry average
Klp’s score of 62 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Klp's reported carbon emissions
KLP, a Norwegian insurance and pension funding services provider, reported a total of approximately 27.2 billion kg CO2e in 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Reviewing the latest available data, KLP's emissions are as follows: * **2025:** Total emissions were approximately 27.2 billion kg CO2e. Scope 1 emissions were about 138,000 kg CO2e, Scope 2 emissions were around 120,000 kg CO2e, and Scope 3 emissions reached approximately 16.39 billion kg CO2e. * **2024:** Total emissions amounted to approximately 26.37 billion kg CO2e. This included Scope 1 emissions of about 2 billion kg CO2e, Scope 2 emissions of approximately 612 million kg CO2e, and Scope 3 emissions of roughly 23.56 billion kg CO2e. * **2023:** Total emissions were approximately 25.19 billion kg CO2e, with Scope 1 at about 2.02 billion kg CO2e, Scope 2 at approximately 604 million kg CO2e, and Scope 3 at around 22.56 billion kg CO2e. * **2022:** Total emissions were approximately 25.7 billion kg CO2e. Scope 1 emissions were about 2.21 billion kg CO2e, Scope 2 emissions were around 629 million kg CO2e, and Scope 3 emissions were approximately 22.86 billion kg CO2e. * **2021:** Total emissions were approximately 22.55 billion kg CO2e, consisting of Scope 1 at about 2.31 billion kg CO2e, Scope 2 at approximately 9 million kg CO2e, and Scope 3 at around 20.24 billion kg CO2e. * **2020:** Total emissions were approximately 22.57 billion kg CO2e. Scope 1 emissions were about 2.65 billion kg CO2e, Scope 2 emissions were around 654 million kg CO2e, and Scope 3 emissions were approximately 19.28 billion kg CO2e. * **2019:** Total emissions were approximately 31.19 billion kg CO2e, with Scope 1 at about 3.12 billion kg CO2e, Scope 2 at approximately 716 million kg CO2e, and Scope 3 at around 27.35 billion kg CO2e. * **2018:** Total emissions were approximately 2.5 million kg CO2e. Scope 1 emissions were about 7,000 kg CO2e, Scope 2 emissions were around 123,000 kg CO2e, and Scope 3 emissions were approximately 2.34 billion kg CO2e. * **2017:** Total emissions were approximately 2.47 million kg CO2e. Scope 1 emissions were about 6,000 kg CO2e, Scope 2 emissions were around 142,000 kg CO2e, and Scope 3 emissions were approximately 2.32 billion kg CO2e. KLP's disclosures indicate that Scope 3 emissions are the most significant contributor to their overall carbon footprint. The company's data is not cascaded from a parent organisation, and their climate commitments or specific reduction targets are not detailed in the provided information.
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Klp’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Klp yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Klp
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