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.
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
Velliv Pension And Livsforsikring's score of 71 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Velliv Pension And Livsforsikring's reported carbon emissions
In 2024, Velliv Pension And Livsforsikring reported total carbon emissions of approximately 8,857,881,000 kg CO2e. This figure includes Scope 1 emissions of about 222,000 kg CO2e, Scope 2 emissions of approximately 295,000 kg CO2e (market-based), and a significant Scope 3 total of around 8,857,365,000 kg CO2e, which encompasses investments, business travel, employee commute, and purchased goods and services. Comparatively, in 2023, the total emissions were about 787,238,000 kg CO2e, with Scope 1 at 309,000 kg CO2e, Scope 2 at 322,000 kg CO2e (market-based), and Scope 3 at approximately 786,606,000 kg CO2e. This indicates a substantial increase in emissions from 2023 to 2024. Velliv has set ambitious climate commitments, aiming for an 80% reduction in CO2e emissions per square metre from its property portfolio by 2030, relative to 2019 levels. Furthermore, the organisation is committed to achieving CO2e neutrality in its property portfolio by 2040. These targets are part of a broader strategy to align with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C target framework. As a current subsidiary of Velliv, Pension & Livsforsikring A/S, the emissions data and climate commitments are cascaded from the parent organisation, ensuring a cohesive approach to sustainability across its operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 399,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 281,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,054,936,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
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.
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.
