- Limited data availability and quality for certain indicators (e.g., biodiversity, water emissions, hazardous waste).
- Indirect investment approach through external fund managers, limiting direct influence on investee companies.
VBV-Pensionskasse Aktiengesellschaft
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, VBV-Pensionskasse Aktiengesellschaft disclosed greenhouse gas emissions of 826.9K tCO2e. By scope: Scope 1: 94.6K tCO2e; Scope 2: 35.4K tCO2e; Scope 3: 696.9K tCO2e. 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.
GHG Emissions
826.9K tCO2e
2023
📊 Emissions by Scope (2023)
| 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). | 94.6K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 35.4K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 696.9K tCO2e |
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 |
|---|---|
| 2023 | 826.9K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Implementation of fossil fuel exclusion criteria in equity and corporate bond special funds since 2021, aligning with the EU Paris-aligned Benchmark.
- Regular monitoring and review of financed GHG emissions with a target of 70% reduction in Scope 1 and 2 emissions in the equity portfolio (2019-2035) and corporate bond portfolio (2020-2035).
🎯 Climate & Sustainability Targets
📅 Medium-term
- 70% reduction in Scope 1 and 2 GHG emissions in equity and corporate bond portfolios by 2035.
🔭 Long-term
- Net-zero GHG emissions in core investment business by 2050, aligned with the Paris Agreement.
🌱 ESG Focus Areas
Climate ChangeSocialGovernance