Topdanmark A/S

Common Name
Topdanmark
Country
Denmark
Sector
Financial Services
Industry
Insurance - Diversified
Employees
2,100
Ticker
TOP
Exchange
NASDAQ COPENHAGEN A/S
Description
Topdanmark A/S, together with its subsidiaries, offers life and non-life insurance products and services in Denmark. The company operates through Private and SME segments. It offers illness and accide...

Topdanmark's Climate Target Data Preview

As of 2023, Topdanmark has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction 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 Topdanmark ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Topdanmark’s Climate Targets Data

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a. Topdanmark's Sustainability Report 2023
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Insights into Topdanmark's Greenhouse Gas Emissions Pathways

As of 2023, Topdanmark has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Topdanmark have a target to reduce the emissions from its operations?

As of 2023, Topdanmark has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Topdanmark's most ambitious operational target is to reduce these emissions by 45% by 2025, compared to a baseline of 3,475 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Topdanmark is lagging behind on its operational emissions reduction target, having achieved 27.18% of the planned reduction. a

Topdanmark's Operational (Scope 1+2) Emissions Pathway

20192023202509001.8 k2.7 k3.6 kBaselineCurrent (-12%)Target 2025 (-45%)

Does Topdanmark have a target to reduce its total carbon footprint?

As of 2023, Topdanmark has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Topdanmark's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 6,616 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 70% by 2030. a

As of 2023, Topdanmark is lagging behind on its total carbon footprint reduction target, having achieved 23.26% of the planned reduction. a

Topdanmark's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192023203002 k4 k6 k8 kBaselineCurrent (-16%)Target 2030 (-70%)
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