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 Energy Data Preview

In 2023, Topdanmark disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Topdanmark also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Topdanmark also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Topdanmark also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Topdanmark's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Topdanmark's Energy Renewability

In 2023, Topdanmark consumed a total of 37,850 Gigajoules of energy across its operations. Of this total, 12.75% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 87.25% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Topdanmark's Energy Renewability Rate

13%

How much of Topdanmark's energy consumed is renewable?

In 2023, Topdanmark consumed a total of 37,850 Gigajoules of energy, of which 12.75% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Topdanmark has considerable room to improve its energy sustainability strategy.

Are Topdanmark's energy practices becoming more sustainable?

Since 2018, Topdanmark's total energy consumption decreased by 22.26%, including a further 4.14% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy increased by 12.67%, while holding steady in 2023, indicating past gains that have recently stabilized.

Overall, Topdanmark’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Topdanmark's Renewable vs Non-renewable Energy Over Time

49.83 k24.83 k173.0149.83 kGigajoules (GJ)20182019202020212022202388%89%89%90%87%87%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Topdanmark's Energy Consumption & Production Mix

In 2023, Topdanmark disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Topdanmark's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Topdanmark's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(40.6%)Natural Gas(28.3%)Solar Energy(12.7%)

What are the main sources and generation technologies behind Topdanmark's energy consumption?

In 2023, Topdanmark's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (40.61%)
  • Natural Gas (28.26%)
  • Solar Energy (12.67%)

How diverse is Topdanmark’s energy consumption mix?

In 2023, Topdanmark consumed energy from 6 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by Topdanmark to produce energy?

In 2023, Topdanmark's energy production came primarily from

  • Solar Energy (100%)

How diverse is Topdanmark’s energy production mix?

In 2023, Topdanmark produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.

Topdanmark's Energy Produced by Sources and Technologies

Solar Energy(100.0%)

Insights into Topdanmark's Energy Inflows & Self-Sufficiency

In 2023, Topdanmark reported total energy inflows of 38,106.67 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 33,280.67 Gigajoules purchased from external suppliers and 4,826 Gigajoules generated through internal production. This corresponds to a production share of 12.66%, reflecting a 4.41% percentage point increase from the previous year (2022) and a 70.39% percentage point increase since 2018.

Topdanmark's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

Topdanmark's Energy Purchased vs Produced Over Time

201820192020202120222023015 k30 k45 k60 kGigajoules (GJ)12%11%11%10%13%13%88%89%89%90%87%87%
  • Total Energy Produced
  • Total Energy Purchased
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