Public Profile

Velliv Pension And Livsforsikring

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.

DitchCarbon Score

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.

50

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.

2

Industry Benchmark

Velliv Pension And Livsforsikring's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Velliv Pension And Livsforsikring's reported carbon emissions

In 2023, Velliv Pension And Livsforsikring reported total carbon emissions of approximately 1,231,606 kg CO2e, comprising 309,000 kg CO2e from Scope 1, 136,000 kg CO2e from Scope 2, and about 786,606 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint across all scopes, with significant emissions stemming from investments and employee commuting. Over the years, Velliv has demonstrated a proactive approach to climate commitments. They have set long-term net-zero targets, aiming for 2050, which encompass all scopes of emissions. Their portfolio targets cover 53% of total investments and lending by assets under management as of 2019, indicating a strategic focus on sustainable investment practices. Velliv's near-term targets are aligned with the 1.5°C climate goal, with specific actions planned to reduce emissions from their operations (Scopes 1 and 2) by 2030. This commitment underscores their dedication to addressing climate change and contributing to a sustainable future.

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20192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Velliv Pension And Livsforsikring's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Velliv Pension And Livsforsikring is headquartered in DK, which has a rank of low, indicating low grid carbon 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.

Velliv Pension And Livsforsikring is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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