Varma Mutual Pension Insurance Co 2017 IR
The report highlights Varma's performance in 2017, during which the company achieved a record-breaking investment return of 7.8%, increasing its investment assets to EUR 45.4 billion. Varma improved its operational efficiency, using only 67% of the funds reserved for operating expenses, and shortened its average pension application processing times to 37 days. In sustainability, the company reached its 2020 carbon footprint reduction targets for listed equity investments ahead of schedule, achieving a 27% reduction from the 2015 baseline. Additionally, Varma introduced a Supplier Code of Conduct to promote responsibility across its supply chain and implemented a new job requirements system to enhance pay transparency.
Company: Varma Mutual Pension Insurance Co
Sector: Finance & insurance
Country: Finland
Year: 2017
Type: IR
Pages: 56
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Varma Mutual Pension Insurance Co
Annual And CSR Report
The report highlights Varma's performance in 2017, during which the company achieved a record-breaking investment return of 7.8%, increasing its investment assets to EUR 45.4 billion. Varma improved its operational efficiency, using only 67% of the funds reserved for operating expenses, and shortened its average pension application processing times to 37 days. In sustainability, the company reached its 2020 carbon footprint reduction targets for listed equity investments ahead of schedule, achieving a 27% reduction from the 2015 baseline. Additionally, Varma introduced a Supplier Code of Conduct to promote responsibility across its supply chain and implemented a new job requirements system to enhance pay transparency.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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