Storebrand Asset Management AS, headquartered in Norway, is a prominent player in the financial services industry, specialising in asset management and investment solutions. Founded in 1767, the company has a rich history marked by significant milestones, including its commitment to sustainable investments and responsible asset management practices. Operating primarily in the Nordic region, Storebrand Asset Management offers a diverse range of products and services, including equity and fixed-income funds, real estate investments, and tailored portfolio management. What sets Storebrand apart is its strong focus on sustainability, integrating environmental, social, and governance (ESG) criteria into its investment strategies. With a solid market position, Storebrand Asset Management is recognised for its innovative approach and has received numerous accolades for its performance and commitment to responsible investing, making it a trusted choice for clients seeking long-term value.
How does Storebrand Asset Management AS'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 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.
Storebrand Asset Management AS's score of 55 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Storebrand Asset Management AS reported total carbon emissions of approximately 17,381,840,570 kg CO2e. This figure includes Scope 1 emissions of about 1,384,611,130 kg CO2e, Scope 2 emissions of around 406,930,700 kg CO2e, and significant Scope 3 emissions totalling approximately 15,604,549,860 kg CO2e. For the previous year, 2023, the company’s total emissions were about 12,808,939,430 kg CO2e, with Scope 1 emissions at approximately 1,033,097,250 kg CO2e, Scope 2 emissions around 305,580,400 kg CO2e, and Scope 3 emissions reaching about 11,476,895,290 kg CO2e. In 2022, emissions were reported at approximately 11,038,451,000 kg CO2e, with Scope 1 at about 1,200,148,000 kg CO2e, Scope 2 at around 283,846,000 kg CO2e, and Scope 3 at approximately 9,555,694,000 kg CO2e. Storebrand Asset Management AS is a current subsidiary of Storebrand ASA, which cascades its climate commitments and targets. However, there are currently no specific reduction targets or climate pledges disclosed by Storebrand Asset Management AS. The company has reported its emissions data across all three scopes, indicating a comprehensive approach to tracking its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,200,148,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 283,846,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 9,555,694,000 | 00,000,000,000 | 00,000,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Storebrand Asset Management AS has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.