Storebrand

Storebrand's latest reported emissions data for 2025 shows total emissions of approximately 35.9 billion kg CO2e. This includes Scope 1 emissions of about 5,000 kg CO2e, Scope 2 emissions of approximately 107,000 kg CO2e (location-based), and significant Scope 3 emissions of around 35.6 billion kg CO2e, with investments accounting for the vast majority of this at approximately 35.6 billion kg CO2e.

The company has made several climate commitments. Storebrand ASA aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 52% by 2030, using 2018 as a baseline year. Furthermore, they are committed to achieving net-zero emissions for their investment portfolios by 2050 at the latest. For upstream Scope 3 emissions, Storebrand aims to reduce the carbon footprint of the companies they invest in by 32% by 2025, through active engagement with companies to reduce their own emissions. They also have a commitment to reduce absolute Scope 3 emissions from air travel by 40% between 2019 and 2030.

In terms of supplier engagement, Storebrand's goal is for all suppliers to have set short- and medium-term verifiable emission reduction targets by 2025, with the ultimate aim of all suppliers being climate neutral by the same year. By 2030, the ambition is for the entire value chain of their deliveries to be climate neutral. For listed equities and corporate bonds, Storebrand targets a 60% reduction in GHG intensity (Scope 1 and 2) by 2030, with 2018 as the baseline. The company also has a long-term ambition for its own operations to reach net-zero emissions by 2050. Storebrand is recognised as being committed to Science Based Targets initiative (SBTi) Net-Zero and has near-term targets aligned with a 1.5°C pathway.