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Article 28.4.2022

Finnish pension system in a nutshell

Finland has one of the best pension systems in the world - and that’s a fact. But if you’re starting a business in Finland, you might be wondering why it’s mandatory for entrepreneurs to take out pension insurance. Or for employers to get pension insurance for their employees? We are here to help you!

Finnish pension system in a nutshell
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  1. The carbon footprint of Ilmarinen’s investment portfolio decreased significantly
    Earnings-related pension company Ilmarinen saw the carbon footprint of its investment portfolio decrease and the share of renewable energy in its investee companies increase significantly in 2023. This information comes from Ilmarinen’s Annual and Sustainability Report 2023.
    The carbon footprint of Ilmarinen’s investment portfolio decreased significantly
  2. Let’s prepare by saving electricity
    A year ago, saving energy, the ‘Down a degree’ campaign and power system support procedure were acute themes as Europe began preparing for a serious electricity shortage. Saving energy still matters.
    Let’s prepare by saving electricity
  3. Ilmarinen as an anchor investor in European climate fund
    Ilmarinen continues its investment strategy that has a strong focus on climate change by investing EUR 580 million in a new European equity fund which selects investees based on climate indicators.
    Ilmarinen as an anchor investor in European climate fund
  4. Ilmarinen invests in new climate-focused exchange-traded funds
    Ilmarinen is an anchor investor in new climate-focused iShares ETFs in the USA and Japan, launched by the US asset management company BlackRock Inc. (NYSE: BLK).
    Ilmarinen invests in new climate-focused exchange-traded funds
  5. Ilmarinen invests in largest ever ETF launch in the United States
    The climate focused equity ETF, Xtrackers MSCI USA Climate Action Equity ETF, was listed on the NYSE Arca stock exchange in New York on April 4. Ilmarinen, the largest investors of the ETF, invested approximately 1,86 billion euros on the ETF’s first day of trading makes it the largest ETF launch of all time in the U.S.
    Ilmarinen invests in largest ever ETF launch in the United States
  6. Ilmarinen is Finland’s most cost-effective pension company
    “Responsibility and sustainable development are at the very core of our operations. To us, responsible management of pensions means that we want to further improve our operations and our efficiency. This benefits our customers and the entire pension system,” says Ilmarinen’s President and CEO, Jouko Pölönen.
    Ilmarinen is Finland’s most cost-effective pension company
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