Varma Mutual Pension Insurance Co 2016 IR
The report highlights Varma's first integrated Annual and Corporate Social Responsibility Report for the year 2016, prepared in accordance with GRI standards. During the year, the company launched a new climate policy for its investments, achieving a 22% reduction in the carbon footprint of its equity portfolio and a 25% reduction for corporate bonds. Varma also improved its pension application processing times, reducing the average duration from 60 to 44 days. Additionally, the company maintained strong solvency capital of EUR 10.2 billion and set aside EUR 121 million for client bonuses.
Company: Varma Mutual Pension Insurance Co
Sector: Finance & insurance
Country: Finland
Year: 2016
Type: IR
Pages: 51
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Varma Mutual Pension Insurance Co
Annual And CSR Report
The report highlights Varma's first integrated Annual and Corporate Social Responsibility Report for the year 2016, prepared in accordance with GRI standards. During the year, the company launched a new climate policy for its investments, achieving a 22% reduction in the carbon footprint of its equity portfolio and a 25% reduction for corporate bonds. Varma also improved its pension application processing times, reducing the average duration from 60 to 44 days. Additionally, the company maintained strong solvency capital of EUR 10.2 billion and set aside EUR 121 million for client bonuses.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women on Board
Women in Management
Employees