SPP Pension
SPP Pension, officially known as SPP Försäkring AB, is a prominent player in the Swedish pension and insurance industry, headquartered in Stockholm, Sweden. Founded in 1881, SPP has established itself as a trusted provider of pension solutions, catering primarily to corporate clients and their employees across the Nordic region. The company offers a range of core services, including occupational pensions, life insurance, and investment management, distinguished by its commitment to sustainability and responsible investment practices. SPP Pension is recognised for its innovative approach to pension management, integrating environmental, social, and governance (ESG) criteria into its investment strategies. With a strong market position, SPP Pension has achieved notable milestones, including being one of the first pension providers in Sweden to offer a fully digital service platform. This dedication to innovation and client-centric solutions solidifies SPP Pension's reputation as a leader in the evolving landscape of pension services.
DitchCarbon Score
How does SPP Pension'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 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.
Industry Benchmark
SPP Pension's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SPP Pension's reported carbon emissions
In 2023, SPP Pension reported total carbon emissions of approximately 7,353,182,000 kg CO2e, comprising 7,984,000 kg CO2e from Scope 1, 1,888,000 kg CO2e from Scope 2, and about 7,351,318,000 kg CO2e from Scope 3 emissions. This marks a slight decrease in Scope 1 and Scope 2 emissions compared to previous years, indicating a commitment to reducing their direct and indirect carbon footprint. In 2022, the total emissions were approximately 6,090,000,000 kg CO2e, with Scope 1 emissions at 8,822,000 kg CO2e, Scope 2 at 2,205,000 kg CO2e, and Scope 3 emissions at around 6,067,384,000 kg CO2e. The trend shows a focus on managing emissions, particularly in Scope 3, which often represents the largest share of an organisation's carbon footprint. SPP Pension has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, their ongoing efforts to monitor and report emissions reflect an awareness of the importance of sustainability in the financial sector. The organisation's emissions data highlights the need for continued action in addressing climate change and reducing overall carbon emissions.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,258,508,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 482,504,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
SPP Pension 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.
