Varma Mutual Pension Insurance Company Sustainable Investment Approach

Varma Mutual Pension Insurance Company takes a proactive approach to sustainable investment, aiming to create long-term value for its customers and the environment.

Varma has set a goal to be carbon neutral by 2025, which is a significant step towards reducing its environmental footprint.

The company has made significant progress in its sustainable investment journey, with over 70% of its investments already aligned with the EU's sustainable finance taxonomy.

Varma's commitment to sustainability is reflected in its investment decisions, with a focus on companies that contribute to the transition to a low-carbon economy.

Varma was founded in 1909, making it one of the oldest insurance companies in Finland.

Varma's mission is to provide financial security for its customers, and it has been doing so for over a century.

Varma is a Finnish social insurance company that provides social security benefits to its customers.

Varma was founded in 1932 and has been operating for over 89 years.

Varma offers a wide range of services, including pension insurance, life insurance, and investments.

Varma's main goal is to ensure the financial security of its customers, particularly in retirement.

Varma has over 800,000 customers and is one of the largest pension insurance companies in Finland.

At Varma, our mission is to help our customers thrive in their lives and at work. We're a Finnish company with a strong focus on social responsibility.

Our values are built around the concept of "keskinäinen" - a Finnish word that roughly translates to "mutual support" or "mutual aid". We believe in supporting each other, both as colleagues and as members of our communities.

We're committed to making a positive impact on the world around us, which is why we're a member of the United Nations' Principles for Responsible Investment. This means we're working towards a more sustainable future for everyone.

Our goal is to be a leader in the insurance industry, not just in Finland but globally. We're constantly innovating and improving our services to meet the changing needs of our customers.

We're proud of our heritage and our history, but we're not afraid to try new things and take calculated risks to achieve our goals. After all, that's how we've managed to stay ahead of the curve for over 100 years.

Varma Mutual Pension Insurance Company has made 7 investments, with their latest one being in ESL Shipping as part of their Unattributed on February 08, 2024.

They have analyzed the carbon footprint of their listed equity and corporate bond investments, as well as their real estate investments, which covers EUR 16 billion, or 39% of their EUR 41.3 billion investment portfolio.

Varma will measure and disclose the carbon footprint of their investments annually, helping them meet climate policy targets.

Portfolio Exits are a crucial aspect of any investment strategy. Varma Mutual Pension Insurance Company has 3 notable portfolio exits.

Their latest portfolio exit was a Reverse Merger with Canatu on September 17, 2024, valued at $XXM. This exit was acquired by Lifeline SPAC I.

Varma Mutual Pension Insurance Company has a history of portfolio exits, with one occurring on May 18, 2018, and another on July 7, 2008.

Here are the details of their portfolio exits:

Varma Mutual Pension Insurance Company has made 7 investments, showcasing the importance of diversification in a portfolio.

Their latest investment was in ESL Shipping as part of their Unattributed on February 08, 2024, demonstrating the company's willingness to invest in various sectors.

Investing in a range of companies can help spread risk and potentially increase returns.

Varma Mutual Pension Insurance Company's investment history highlights the value of patience and long-term planning in investment strategies.

A carbon footprint is a measure of the annual greenhouse gases generated by the investee companies. Varma Mutual Pension Insurance Company has analyzed the carbon footprint of its investments, specifically its listed equity and corporate bond investments, and its real estate investments.

The calculation covers EUR 16 billion, which is 39% of Varma's EUR 41.3 billion investment portfolio. This reflects the situation at the end of 2015.

A carbon footprint helps investors assess the carbon risk and climate impacts of their assets. For Varma, it's a way to meet climate policy targets.

Varma's climate policy for investments will be published by the end of May. The assessment of Varma's listed investments was carried out by South Pole Group, which specializes in calculating carbon footprints.

Varma has joined the Montréal Carbon Pledge initiative, which requires investors to measure and publicly disclose the carbon footprint of their listed equity investments on an annual basis.

Varma Mutual Pension Insurance Company has a strong investment strategy, with a focus on long-term growth.

Varma's investment portfolio is managed with a long-term perspective, aiming to provide stable returns for its customers.

In 2020, Varma's investment portfolio was valued at €46.9 billion.

Varma's investment strategy is guided by its investment principles, which prioritize risk management and sustainable investing.

The company has a significant stake in listed equities, holding around 34% of its investment portfolio in stocks.

Varma's investment portfolio also includes alternative investments, such as private equity and real estate.

In 2020, Varma's return on investment was 7.3%, beating the company's target return of 6.5%.

Varma's investment team is responsible for managing the company's investment portfolio, with a focus on active management and risk analysis.

The company's investment approach is guided by its asset allocation strategy, which aims to balance risk and return across different asset classes.