Velliv Pension and Livsforsikring, headquartered in Denmark (DK), is a prominent player in the pension and life insurance industry. Established in 2016, Velliv emerged from the merger of several well-respected companies, positioning itself as a trusted provider of financial security for individuals and businesses alike. With a strong focus on pension savings and life insurance products, Velliv offers unique solutions tailored to meet the diverse needs of its clients. The company is renowned for its commitment to sustainability and responsible investment practices, setting it apart in a competitive market. Velliv has achieved significant milestones, including a robust market presence across Denmark, and is recognised for its innovative approach to financial services. As a leader in the industry, Velliv continues to prioritise customer satisfaction and long-term financial well-being.
How does Velliv Pension And Livsforsikring'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 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.
Velliv Pension And Livsforsikring's score of 55 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Velliv Pension And Livsforsikring reported total carbon emissions of approximately 787,052,000 kg CO2e. This figure includes 309,000 kg CO2e from Scope 1 emissions, 322,000 kg CO2e from Scope 2 emissions (market-based), and a significant 786,606,000 kg CO2e from Scope 3 emissions, which primarily stem from investments (762,655,000 kg CO2e) and other operational activities. Comparatively, in 2022, the total emissions were about 886,853,000 kg CO2e, indicating a reduction of approximately 99,801,000 kg CO2e year-on-year. This trend of decreasing emissions is notable, especially in the context of their long-term climate commitments. Velliv has set ambitious targets to enhance its sustainability efforts. The company aims to reduce CO2e emissions from its property portfolio by 80% per square metre by 2030, relative to 2019 levels, and to achieve CO2e neutrality in its property portfolio by 2040. Furthermore, Velliv is committed to aligning its operations with the Science Based Targets initiative (SBTi), targeting a 1.5°C pathway for its investment and lending activities, which cover 53% of its total assets under management as of 2019. These initiatives reflect Velliv's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 399,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 281,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 1,080,073,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Velliv Pension And Livsforsikring 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.