Storebrand ASA 2024 AR2
The report highlights Storebrand's record-breaking financial performance in 2024, achieving a group profit before amortisation and tax of NOK 5,904 million, driven by double-digit growth across defined contribution pensions, asset management, insurance, and banking. The company adopted its climate transition plan, outlining goals to reduce the carbon footprint of its investments by 32% by 2025 and 60% by 2030. Additionally, Storebrand expanded its presence in alternative investments by acquiring an additional 50% stake in infrastructure manager AIP Management, bringing its total ownership to 60%. The group also maintained strong solvency at 200% and proposed an ordinary dividend of NOK 2.0 billion alongside its share buyback program.
Company: Storebrand ASA
Sector: Finance & insurance
Country: Norway
Year: 2024
Type: AR2
Pages: 310
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Storebrand ASA
Annual Report
The report highlights Storebrand's record-breaking financial performance in 2024, achieving a group profit before amortisation and tax of NOK 5,904 million, driven by double-digit growth across defined contribution pensions, asset management, insurance, and banking. The company adopted its climate transition plan, outlining goals to reduce the carbon footprint of its investments by 32% by 2025 and 60% by 2030. Additionally, Storebrand expanded its presence in alternative investments by acquiring an additional 50% stake in infrastructure manager AIP Management, bringing its total ownership to 60%. The group also maintained strong solvency at 200% and proposed an ordinary dividend of NOK 2.0 billion alongside its share buyback program.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees