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 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.
Velliv Pension And Livsforsikring's reported carbon emissions
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, and a significant 786,606,000 kg CO2e from Scope 3 emissions, which primarily stem from investments and business travel. Over the years, Velliv has demonstrated a commitment to reducing its carbon footprint. From 2019 to 2023, the company has achieved a notable reduction in total emissions, decreasing from about 1,080,629,000 kg CO2e in 2019 to the current figure. This represents a reduction of approximately 27% over the four-year period. Velliv has set ambitious targets to further decrease emissions from its property portfolio. The company aims to reduce CO2e emissions by 80% per square metre by 2030 compared to 2019 levels, with a long-term goal of achieving CO2e neutrality in its property portfolio by 2040. Additionally, Velliv is committed to aligning its investment and lending activities with the Science Based Targets initiative (SBTi), targeting a 1.5°C pathway by 2028 for 53% of its total investment and lending portfolio. These initiatives reflect Velliv's proactive approach to climate action, positioning the company as a responsible financial institution in Denmark's evolving sustainability landscape.
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| 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 |
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 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.
