Pensioenfonds ABP, officially known as Algemeen Burgerlijk Pensioenfonds, is a prominent pension fund headquartered in the Netherlands. Established in 1922, ABP primarily serves employees in the public and education sectors, managing substantial assets to ensure financial security for its members. With a focus on sustainable investment strategies, ABP distinguishes itself through its commitment to responsible investing, aiming to balance financial returns with social and environmental impact. The fund has achieved significant milestones, including being one of the largest pension funds globally, which underscores its strong market position. ABP's core services encompass pension management, investment solutions, and member support, making it a key player in the Dutch pension landscape. Its dedication to innovation and sustainability continues to set it apart in the industry.
How does Pensioenfonds ABP'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 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.
Pensioenfonds ABP's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Pensioenfonds ABP has not disclosed specific carbon emissions figures for recent years, including 2016 and 2015, across all scopes (Scope 1, 2, and 3). The emissions data for these years is marked as unavailable, indicating that no specific emissions were reported. In terms of climate commitments, there are currently no documented reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This suggests that while Pensioenfonds ABP may be aware of the importance of climate action, they have not yet established formal targets or commitments to reduce their carbon footprint. The absence of emissions data and reduction targets may reflect a broader industry context where many organisations are still in the early stages of developing comprehensive climate strategies. As a significant player in the pension fund sector, it is crucial for Pensioenfonds ABP to consider establishing measurable climate commitments to align with global sustainability goals.
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.
Pensioenfonds ABP 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.