- Negative investment returns in 2022 due to market volatility and inflation
- Supply chain disruptions
- Energy crisis and dependence on Russian gas
- Need to balance climate objectives with robust returns for members
- Ambiguities in EU Taxonomy regarding classification of building projects on polluted land
- Lack of common methodology for measuring climate footprint of green bonds
- Data limitations and inconsistencies in ESG reporting
PensionDanmark Pensionsforsikringsaktieselskab
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 74 tonnes CO2e/year; Scope 2: 33 tonnes CO2e/year (market-based); Scope 3: 1.5M tonnes CO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
81%
of total energy
Water Usage
2.8K m3/year
2022
Waste
1.2 tons/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 74 tonnes CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 33 tonnes CO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.5M tonnes CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 1.6M tCO2e/year (Scope 3 total excluding investments) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon footprint of real estate portfolio from 8.9 kg to 7.7 kg per sqm (achieving 2025 target)
- Green investments totalled almost DKK 35 billion, with DKK 14.3 billion in green infrastructure (18% year-on-year increase)
- Avoided emissions from ownership of green infrastructure: 1,309,478 tonnes of CO2
- 18% reduction in carbon emissions from offices in 2022
- 254 MW of new green power capacity became operational in 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce emissions from listed equities and corporate bonds by 62% relative to 2018 by 2030
- Reduce carbon footprint to 9.1 tonnes of CO2e per million kroner invested by 2025
📅 Medium-term
- Invest an additional DKK 22 billion in green investments by 2030 (60% increase)
- Achieve carbon-neutral investment portfolio by 2050
- All urban areas and new buildings to make a positive contribution to biodiversity by 2030
🔭 Long-term
- Carbon-neutral investment portfolio by 2050
🌱 ESG Focus Areas
Climate ChangeLabour RightsGender DiversityBiodiversityNational Security