Storebrand

Storebrand's reported carbon emissions

Storebrand, headquartered in Norway and operating in financial intermediation services, is committed to significant emissions reductions. For 2025, Storebrand reported total emissions of approximately 35.9 billion kg CO2e. This figure includes Scope 1 emissions of about 5,000 kg CO2e, Scope 2 emissions (market-based) of approximately 33,000 kg CO2e, and Scope 3 emissions amounting to nearly 35.7 billion kg CO2e, with investments being the largest contributor. Storebrand has established ambitious climate targets. The company commits to reducing absolute Scope 1 and 2 greenhouse gas emissions by 52% by 2030, using 2018 as the base year. Furthermore, Storebrand aims to reduce the carbon footprint of the companies it invests in by 32% by 2025. By 2030, the goal is for the entire value chain of their deliveries to be climate neutral, and by 2025, all suppliers are expected to have set short- and medium-term verifiable emission reduction targets and be climate neutral. Storebrand also has a long-term ambition to reach net-zero emissions from its own operations by 2050 and for its investment portfolios to have net-zero GHG emissions by 2050 at the latest. They also aim for a 40% reduction in absolute Scope 3 emissions from air travel between 2019 and 2030. For listed equities and corporate bonds, Storebrand targets a 60% reduction of GHG intensity (scope 1 and 2 emissions) from a 2018 baseline.