Storebrand ASAStorebrand ASA - ESG Rating & Company Profile powered by AI

Industry Group:Life & Health Insurance

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Storebrand ASA in the Life & Health Insurance industry gained a UN SDG ESG Transparency Score of 7.6; made up of an environmental score of 8.0, social score of 8.0 and governance score of 6.9.

SDG Transparency Score for Storebrand ASA 
Low
0 - 3
Medium
4 - 6

7.6

High Impact
7 - 10
Last Score Update: 2024-05-01
What drives the score for Storebrand ASA 
8.0

Environmental

8.0

Social

6.9

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Canada Life Financial Corp
8.0
High
1Australian Unity Ltd
8.0
High
1Taiyo Life Insurance Co
8.0
High
1Standard Life Aberdeen PLC
8.0
High
23Storebrand ASA
7.6
High
23Lifenet Insurance Co
7.6
High
23Societa Cattolica di Assicurazione SpA
7.6
High
.........
208Unic Insurance Ltd
0.0
Low
208Transworld Benefits International Inc
0.0
Low
.........
View the full peer group of 279 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Storebrand ASA have an accelerator or VC vehicle to help deliver innovation?

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Does Storebrand ASA disclose current and historical energy intensity?

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Does Storebrand ASA report the average age of the workforce?

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Does Storebrand ASA reference operational or capital allocation in relation to climate change?

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Does Storebrand ASA disclose its ethnicity pay gap?

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Does Storebrand ASA disclose cybersecurity risks?

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Does Storebrand ASA offer flexible work?

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Does Storebrand ASA have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Storebrand ASA disclose the number of employees in R&D functions?

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Does Storebrand ASA conduct supply chain audits?

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Does Storebrand ASA disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Storebrand ASA conduct 360 degree staff reviews?

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Does Storebrand ASA disclose the individual responsible for D&I?

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Does Storebrand ASA disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Storebrand ASA disclose current and / or historical scope 2 emissions?

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Does Storebrand ASA disclose water use targets?

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Does Storebrand ASA have careers partnerships with academic institutions?

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Did Storebrand ASA have a product recall in the last two years?

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Does Storebrand ASA disclose incidents of discrimination?

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Does Storebrand ASA allow for Work Councils/Collective Agreements to be formed?

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Has Storebrand ASA issued a profit warning in the past 24 months?

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Does Storebrand ASA disclose parental leave metrics?

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Does Storebrand ASA disclose climate scenario or pathway analysis?

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Does Storebrand ASA disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Storebrand ASA disclose the pay ratio of women to men?

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Does Storebrand ASA support suppliers with sustainability related research and development?

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Does Storebrand ASA disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Storebrand ASA reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Storebrand ASA involved in embryonic stem cell research?

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Does Storebrand ASA disclose GHG and Air Emissions intensity?

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Does Storebrand ASA disclose its waste policy?

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Does Storebrand ASA report according to TCFD requirements?

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Does Storebrand ASA disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Storebrand ASA disclose energy use targets?

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Does Storebrand ASA disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Storebrand ASA have a policy relating to cyber security?

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Potential Risks for Storebrand ASA
These potential risks are based on the size, segment and geographies of the company.

Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway the United States, Japan, and Sweden. The company operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides health insurance, property and casualty insurance, personal risk products, and employee-related and pension-related insurance products. The Guaranteed Pension segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. It also offers securities, and banking and investment services. The company serves private individuals, corporate and retail markets, companies, municipalities, and public sector. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway.

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