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 98% 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 employee commuting (521,000 kg CO2e). Over the past few years, Velliv has made notable progress in reducing its carbon footprint. From 2020 to 2023, total emissions decreased from about 946,124,000 kg CO2e to 787,052,000 kg CO2e, reflecting a commitment to sustainability. The company has set ambitious reduction targets, aiming for an 80% reduction in CO2e emissions per square metre from its property portfolio by 2030, compared to 2019 levels. Furthermore, Velliv plans to achieve CO2e neutrality for its property portfolio by 2040. Velliv is also committed to aligning its operations with the Science Based Targets initiative (SBTi), having set near-term targets consistent with limiting global warming to 1.5°C. These targets encompass 53% of its total investment and lending activities as of 2019, demonstrating a proactive approach to climate responsibility within the financial sector.
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.