Storebrand Asset Management AS
Storebrand Asset Management AS, headquartered in Norway, is a prominent player in the financial services industry, specialising in asset management and investment solutions. Founded in 1767, the company has a rich history marked by significant milestones, including its commitment to sustainable investments and responsible asset management practices. Operating primarily in the Nordic region, Storebrand Asset Management offers a diverse range of products and services, including equity and fixed-income funds, real estate investments, and tailored portfolio management. What sets Storebrand apart is its strong focus on sustainability, integrating environmental, social, and governance (ESG) criteria into its investment strategies. With a solid market position, Storebrand Asset Management is recognised for its innovative approach and has received numerous accolades for its performance and commitment to responsible investing, making it a trusted choice for clients seeking long-term value.
DitchCarbon Score
How does Storebrand Asset Management AS'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 Financial Intermediation 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
Storebrand Asset Management AS's score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Storebrand Asset Management AS's reported carbon emissions
In 2023, Storebrand Asset Management AS reported total carbon emissions of approximately 16,112,243,000 kg CO2e. This figure includes 1,268,288,000 kg CO2e from Scope 1 emissions and a significant 14,450,244,000 kg CO2e from Scope 3 emissions. In comparison, the previous year, 2022, the total emissions were about 11,038,451,000 kg CO2e, with Scope 1 emissions at 1,200,148,000 kg CO2e and Scope 3 emissions at 9,554,500,000 kg CO2e. Despite the substantial emissions figures, Storebrand Asset Management AS has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for further commitment to climate action within the asset management sector. The company is headquartered in Norway and operates globally, indicating a broad impact on climate-related issues.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,200,148,000 | 0,000,000,000 |
| Scope 2 | - | - |
| Scope 3 | 9,554,500,000 | 00,000,000,000 |
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.
Storebrand Asset Management AS is not participating in any 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.
