PGGM, officially known as PGGM Coöperatie U.A., is a prominent Dutch pension fund service provider headquartered in the Netherlands. Established in 1967, PGGM has evolved into a leader in the pension and asset management industry, primarily serving the healthcare and social sectors. With a strong operational presence across Europe, PGGM focuses on investment management, pension administration, and advisory services. The firm is renowned for its commitment to sustainable investing, integrating environmental, social, and governance (ESG) criteria into its investment strategies. PGGM's unique approach to responsible investment has positioned it as a key player in the market, managing substantial assets on behalf of its clients. Notable achievements include its recognition for innovation in pension fund management and its influential role in shaping sustainable finance practices within the industry.
How does PGGM'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 Real Estate 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.
PGGM's score of 24 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2021, PGGM reported total carbon emissions of approximately 1,590,000 kg CO2e, comprising 433,000 kg CO2e from Scope 1 and 1,157,000 kg CO2e from Scope 3 emissions, with no reported Scope 2 emissions. The organisation has set ambitious climate commitments, aiming to halve the CO2 emissions of investments by 2020 compared to 2014 levels, specifically targeting a 50% reduction in both Scope 1 and Scope 2 emissions. Additionally, PGGM is working towards achieving a carbon-neutral footprint for its real estate funds by 2030. In the context of broader industry initiatives, PGGM's commitments align with the Dutch government's focus on enhancing energy efficiency and transitioning to renewable energy sources. The government plans to eliminate the legal obligation for homes to be connected to the gas network and aims for all new cars sold to have zero emissions by 2035. PGGM's emissions data is cascaded from its corporate family, with the organisation being a current subsidiary of PGGM itself. The reported figures and commitments reflect PGGM's ongoing efforts to address climate change and reduce its carbon footprint in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2021 | |
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Scope 1 | 433,000 |
Scope 2 | - |
Scope 3 | 1,157,000 |
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.
PGGM 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.