PensionDanmark, officially known as PensionDanmark A/S, is a prominent pension fund headquartered in Denmark (DK). Established in 1993, the organisation has grown to become a key player in the Danish pension industry, primarily serving the needs of employees in the private sector. With a focus on providing comprehensive pension solutions, PensionDanmark offers a range of services including retirement savings, investment management, and insurance products tailored to enhance financial security for its members. The fund is distinguished by its commitment to sustainable investments, aligning with global trends towards responsible finance. Over the years, PensionDanmark has achieved significant milestones, including notable growth in assets under management, positioning itself as one of the leading pension providers in Denmark. Its innovative approach and member-centric services continue to set it apart in a competitive market.
How does Pensiondanmark'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.
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.
Pensiondanmark's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Pensiondanmark reported significant carbon emissions, with Scope 1 emissions at 74,000 kg CO2e, Scope 2 emissions totalling 33,000 kg CO2e (market-based), and a staggering 1,506,783,000 kg CO2e in Scope 3 emissions. This highlights the substantial impact of their investment activities, as the majority of their emissions stem from investments (1,499,314,000 kg CO2e). Pensiondanmark has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets cover 56% of total investments and lending by assets under management as of 2021, with required activities making up 56%, optional activities at 16%, and out-of-scope activities at 28%. They are committed to aligning their operations with the Science Based Targets initiative (SBTi) to ensure their emissions reductions are consistent with limiting global warming to 1.5°C. The organisation's near-term targets include a commitment to set specific reduction goals by 2030, further demonstrating their proactive approach to climate action. Overall, Pensiondanmark's emissions data and climate commitments reflect a strong dedication to sustainability and responsible investment practices within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Scope 1 | 813,186,000 | 000,000,000 | 000,000,000 | 00,000 | 00,000,000,000 |
Scope 2 | 813,186,000 | 000,000,000 | 000,000,000 | 00,000 | 00,000 |
Scope 3 | 813,186,000 | 000,000,000 | 000,000,000 | - | - |
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.
Pensiondanmark 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.