Velliv Pension And Livsforsikring

Velliv Pension And Livsforsikring's reported carbon emissions

In 2025, Velliv Pension And Livsforsikring reported total carbon emissions of approximately 9.8 billion kg CO2e. This figure includes Scope 1 emissions of about 198,000 kg CO2e, Scope 2 emissions of approximately 40,000 kg CO2e (market-based), and a significant Scope 3 total of around 9.8 billion kg CO2e. The Scope 3 emissions are primarily driven by investments, which account for about 8.9 billion kg CO2e. Velliv has set ambitious climate commitments, aiming to reduce CO2e emissions from its property portfolio by 80% per square metre by 2030, compared to 2019 levels. Furthermore, the organisation is committed to achieving carbon neutrality in its property portfolio by 2040. These targets are part of a broader strategy to align with the Science Based Targets initiative (SBTi), where Velliv's portfolio targets cover 53% of its total investment and lending by assets under management as of 2019. As a current subsidiary of Velliv, Pension & Livsforsikring A/S, the emissions data and climate commitments are cascaded from the parent organisation. Velliv is committed to net-zero emissions and has set near-term targets consistent with limiting global warming to 1.5°C.