Topdanmark
Topdanmark A/S, commonly referred to as Topdanmark, is a leading insurance company headquartered in Ballerup, Denmark (DK). Established in 1998, Topdanmark has grown to become one of the largest insurance providers in the Danish market, offering a comprehensive range of products and services across life and non-life insurance sectors. The company is renowned for its innovative solutions, including health insurance, property coverage, and pension plans, which are tailored to meet the diverse needs of its clients. With a strong emphasis on customer service and digital transformation, Topdanmark has achieved notable milestones, including high customer satisfaction ratings and a robust market position. Operating primarily in Denmark, Topdanmark continues to set industry standards, making it a trusted choice for individuals and businesses seeking reliable insurance solutions.
DitchCarbon Score
How does Topdanmark'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 Insurance 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.
Industry Benchmark
Topdanmark's score of 57 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Topdanmark's reported carbon emissions
In 2023, Topdanmark reported total carbon emissions of approximately 5,539,200 kg CO2e. This includes Scope 1 emissions of about 752,800 kg CO2e, primarily from stationary and mobile combustion, and Scope 2 emissions of around 2,297,500 kg CO2e, mainly from purchased electricity. Additionally, Scope 3 emissions totalled approximately 2,488,900 kg CO2e, with significant contributions from business travel and fuel-related activities. Comparatively, in 2022, Topdanmark's total emissions were about 5,692,000 kg CO2e, indicating a slight reduction in 2023. The company has set ambitious climate commitments, aiming for a net-zero target by 2050. They plan to achieve a 45% reduction in Scope 1 and 2 emissions by 2025, relative to 2019 levels, and a 70% reduction across all scopes by 2030. Topdanmark's initiatives align with the Science Based Targets initiative (SBTi), committing to targets that are consistent with limiting global warming to 1.5°C. Their portfolio targets cover 70% of total investment and lending, reflecting a comprehensive approach to sustainability within the financial sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,741,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 1,355,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,985,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Topdanmark is participating in some 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.
