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 34 is higher than 84% 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 3 emissions totalling approximately 1,506,783,000 kg CO2e. This figure includes substantial contributions from investments (about 1,499,314,000 kg CO2e) and purchased goods and services (approximately 6,103,000 kg CO2e). The previous year, 2021, saw a slightly higher total of about 1,691,229,000 kg CO2e in Scope 3 emissions, indicating a potential downward trend in their carbon footprint. Pensiondanmark has committed to long-term climate targets, 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 the same percentage. The company is aligned with the Science Based Targets initiative (SBTi) and has set near-term targets consistent with limiting global warming to 1.5°C, with a specific focus on achieving these reductions by 2030. Overall, Pensiondanmark's climate commitments reflect a proactive approach to managing and reducing carbon emissions, particularly through their investment strategies and operational practices.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 813,186,000 | - | - | - | - | - |
Scope 2 | 813,186,000 | - | - | - | - | - |
Scope 3 | 813,186,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.