As of 2025, Storebrand ASA has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 6 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Storebrand ASA's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -52%a | 2030 |
Absolute-based Target* | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -40%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -32%a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) | -32%a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) | -60%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -64%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -71%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -57%a | 2030 |
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As of 2025, Storebrand ASA has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, Storebrand ASA has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Storebrand ASA's most ambitious operational target is to reduce these emissions by 52% by 2030, compared to a baseline of 160.7 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a
As of 2025, Storebrand ASA is on track to meet its operational emissions reduction target, having achieved 58.27% of the planned reduction.a
As of 2025, Storebrand ASA has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Storebrand ASA's most ambitious value chain target is to reduce these emissions by 71% by 2030, compared to a baseline of 0.031 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2019.a
Instead of reducing value chain emissions, Storebrand ASA has increased them, with 2025 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.a