Improved climate - greener operations

The environment is both a global and a local challenge. Therefore, PFA backs the Paris Agreement and focuses on streamlining its resource consumption and carbon emissions whenever possible. In global terms, the focus is to a great extent on how PFA invests. In our policy for responsible investments we have entered our commitment to comply with the Paris Agreement and that we do not want to invest in companies which work against the agreement's goal of reducing emissions of greenhouse gases on a worldwide basis. Locally, we are working to implement energy savings and encourage the climate initiatives with others.

The Paris Agreement is part of our investment process

In 2017, PFA developed its own guidelines, method and climate screening model in order to obtain a data-based and consistent assessment of the carbon footprint of the investment portfolio and its companies. This is due to the fact that data and methods for measurement of carbon emissions come in many different versions, and it has not been finally settled how much carbon investors are allowed to emit while complying with the goals fixed in the Paris Agreement. PFA has its own approach to analysing and comparing investments with its benchmark in order to assess whether more carbon is being emitted than expected. Moreover, it makes PFA able to identify the companies in which the risk of working against the Paris Agreement is greatest.

Forward-looking focus on PFA’s property portfolio

We will continue focusing on the carbon consumption in our property portfolio. An increasing property portfolio, nationally as well as globally, requires a methodology which is based on the data available in the area. Therefore, it is our goal for 2018 to prepare a method and map out possible scenarios for embedding the compliance with the Paris Agreement into PFA’s property portfolio. The mapping replaces recent years’ focus on the energy consumption in the Danish property portfolio, as focus is now spread out on the entire portfolio.

Continued focus on energy efficiency in PFA's offices

PFA is working on a number of initiatives to reduce the resource consumption and to increase recycling. The initiatives were initiated as part of PFA’s overall environmental and climate programme. In connection with the planning and renovation of PFA’s domicile, the renovation is to a high degree based on recycling, and work is in progress on new cooling and heating systems that will reduce the domicile’s carbon emissions. In the planning, focus was on materials and user tests of different office environments among the employees. The project continues in 2018.

Moreover, PFA has continued to digitise its communication and is primarily approaching its customers through My PFA (mitpfa.dk) and the secure electronic mailbox e-Boks, which has led to saving of paper.

 

Member of the Carbon Disclosure Project

PFA focuses on environmental efforts and would like to send a signal that it is worthwhile to make an effort. As a member of the international climate network CDP, PFA is working to increase the number of companies which report their climate results to CDP.

 

Member of the Institutional Investor Group on Climate Change (IIGCC)

PFA believes that investors hold the strongest position when they take joint action when addressing the risks and opportunities associated with climate change. As a member of the IIGCC, PFA collaborates with more than 130 other investors on promoting both consistent climate regulation across geographic borders and knowledge sharing on integrating environmental considerations into the investment process.

    
Questions about Corporate Responsibility?


Contact our CR Manager, Mette Vadstrup, at mev@pfa.dk.