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Financial Intermediation
DK
updated 23 days ago

Pfa

Company website

PFA, officially known as PFA Pension, is a leading Danish pension and insurance company headquartered in Copenhagen, Denmark (DK). Founded in 1917, PFA has established itself as a key player in the Nordic financial services industry, primarily focusing on pension savings, life insurance, and investment management. With a strong presence across Denmark and significant operations in other Nordic countries, PFA is renowned for its innovative approach to pension solutions, offering tailored products that cater to both individual and corporate clients. The company’s commitment to sustainability and responsible investment practices sets it apart in a competitive market. PFA has achieved notable milestones, including being one of the largest pension funds in Denmark, managing substantial assets that reflect its robust market position. Through its dedication to customer-centric services and financial security, PFA continues to shape the future of pension provision in the region.

DitchCarbon Score

How does Pfa'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.

32

Industry Average

Mean score of companies in the Financial Intermediation 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.

30

Industry Benchmark

Pfa's score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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Pfa's reported carbon emissions

PFA Pension, headquartered in Denmark (DK), has made significant commitments towards achieving net-zero carbon emissions. Although specific emissions data for the most recent year is not available, PFA has committed to long-term net-zero targets that encompass all scopes of emissions, as outlined by the Science Based Targets initiative (SBTi). The company aims to reach these targets by 2050, with a commitment status confirmed as of February 2024. PFA's climate strategy is cascaded from its parent company, PFA Pension, forsikringsaktieselskab, ensuring alignment with broader corporate sustainability goals. The organisation is classified as a financial institution and operates within the sectors of banks, diverse financials, and insurance. While no absolute emissions figures are provided, PFA's commitment to net-zero emissions reflects a proactive approach to climate action, aligning with industry standards and expectations for financial institutions. The company is currently in the process of setting specific near-term targets, demonstrating its dedication to reducing its carbon footprint in the coming years.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pfa's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for Pfa is in DK, which has a low grid carbon intensity relative to other regions.

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.

Pfa is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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