Folksam

Sustainability Report and Carbon Intensity Rankings

Is Folksam doing their part?

Their DitchCarbon score is 51

Folksam has a DitchCarbon Score of 51, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon emissions are produced relative to their activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing their environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Folksam, a company in the finance sector, has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Folksam is located in Sweden, a country with a very low carbon intensity rating. This suggests that the company’s operations benefit from the nation’s strong sustainability efforts and clean energy usage.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

0.17%

...this company is doing 0.17% better in emissions than the industry average.

Folksam SE, founded in 1908 and headquartered in Stockholm, is a prominent player in the finance sector, particularly in the insurance industry. As Sweden’s largest insurance provider, Folksam SE is owned by its customers and employs approximately 3,900 staff members. The company offers a wide range of services including insurance and pension savings, focusing on creating a secure environment for its clients and managing substantial capital investments across the country.

emission intelligence's platform recommendations for Folksam

Folksam should intensify their Scope 1 emissions surveillance and reporting to uncover potential reduction strategies.

Bad news, Folksam hasn't committed to SBTi goals yet

Folksam has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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