Sign Up
Login

Danish insurers reduce CO2 emissions by 25% since 2020

Written by Adam Cadle
02/01/2024

Danish insurance companies have reduced their CO2 emissions by 25% since 2020, and all large companies are working with objectives that support the Paris Agreement, a new sustainability report from Denmark’s Forsikring & Pension (F&P) has revealed.

Eight insurance companies – corresponding to 55% of the insurance market – have signed international alliances or declarations with the aim of climate reductions.

Overall, the Danish insurance industry invests a total of DKK 150bn. Fifty per cent of the insurance market has set a target for CO2 emissions from their investments or proportion of green investments.

Furthermore, “more than 60% of the market has plans to completely or partially divest investments in particularly climate-damaging industries”, the report stated.


Share Story:

Related Articles

  There are no related documents to show at this time.

Impact Investing roundtable

A Different Approach to Direct Lending
Adam Cadle talks to HSBC Asset Management’s head of direct lending UK & Europe, Tom Green, and head of insurance business, Deepak Seeburrun, about the firm’s direct lending proposition.

Absolute Return Fixed Income roundtable

European Loans roundtable

Portfolio optimisation in today’s challenging market environment
Adam Cadle speaks to Dr Laura Ryan, Head of Research at Ardea Investment Management, about the firm’s insurance asset allocation optimisation tool and the reasons for developing it
Most read stories...
The role ETFs can play in the ESG journey for insurers
Justin Wheeler, Head of UK iShares Asset Owner Distribution at BlackRock, and Mark Guirey, Head of EMEA Insurance Segment and UK Asset Owner Client Coverage at MSCI, discuss the drivers behind growth in this area, market reactions to COVID-19, and the role of indexing
World Markets (15 minute+ time delay)

Pictet-roundtable

BNP Paribas roundtable

ETFs roundtable

Iame roundtable May 2018

iame-roundtable2017