- Identifying and managing climate risks and opportunities across different asset classes.
- Biodiversity risks and opportunities.
Elo Mutual Pension Insurance Company
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2019 | 14.8K tCO2e (direct real estate investments in Finland) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Decreased the weighted average carbon intensity (WACI) of listed equity investments by 51% and corporate bonds by 68% between 2016 and 2022.
- Achieved targets for specific electricity consumption savings in direct real estate; housing portfolio electricity consumption was more than 12% lower and commercial properties over 8% lower than in 2019.
- Reduced carbon dioxide emissions of the direct domestic property portfolio; emission intensity decreased to 15.5 kgCO2e/m2 (from 19.6).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the weighted average carbon intensity (WACI) of listed equity and corporate bond investments by 25% by 2025 (compared to 2019 level).
- Achieve carbon-neutral energy use by 2027 for direct domestic real estate investments.
- Save 5% of specific electricity consumption and 10% of specific heat consumption from 2019 levels by 2025 in direct real estate investments.
📅 Medium-term
- Reduce the weighted average carbon intensity (WACI) of listed equity and corporate bond investments by 60% by 2030 (compared to 2019 level).
- Double investments in sustainable solutions by 2030 (compared to 2021 level).
🔭 Long-term
- Paris-aligned investment portfolio
🌱 ESG Focus Areas
Climate ChangeBiodiversityHuman Rights