Responsible pension company
Everything we do is aimed at providing our customers with the pension they earned from employment. We succeed in our task when our responsible actions earn us our customers’ trust.
Responsible of your pension
-
Easy and reliable pension security
We manage pensions cost-effectively and help in managing work ability risk.
-
We invest sustainably
We do our part in ensuring that the Finnish pension system will last from one generation to the next. Responsibility is integral to every investment decision we make.
-
Open and transparent
We regularly report on our operations so that we can engage in a dialogue about the management of your pension.
We invest sustainably – to safeguard current and future pensions
We safeguard the pensions of future generations by profitable, secure and responsible investments. We take environmental impacts, human rights and the implementation of good governance into account in all of our investment decisions.
As a major investor, we wish to consider both climate risks and new business opportunities. Our goal is to achieve a carbon neutral investment portfolio by the end of 2035. By being an active owner we guide our investees to achieve concrete emission reductions.
Our investment decisions are guided by Ilmarinen’s Responsible Investment Policy and Guidelines.
Working for sustainable development
Managing your pension requires many kinds of efforts. Below you can read some examples of what this means in practice.
Bearing responsibility for your work ability
Work ability, i.e. each person’s ability to perform work, is one of the most important pillars of the earnings-related pension system. The early prevention of disability benefits the employee, employer and society at large. Earnings-related pension insurance provides security also when an individual’s work ability is impaired.
Read more about promoting work ability
Building sustainable homes and business premises
As part of investing pension assets, we build homes and business premises that will last long and cause a minimal impact on the environment throughout their life cycle. We continuously develop our real estate further to meet people’s needs in all life stages, while minimizing the consumption of natural resources.
Learn more about real estate investments
Helping young people engage in working life
During Ilmarinen’s 60th anniversary year, we launched a project named Mielellään töissä. Its objective was to participate in the discussion on young people’s engagement in working life and the prevention of marginalisation among young people and to find ways in which the young people themselves, schools and companies can support their entry into working life.
Read more about the Mielellään töissä project (in Finnish)
Our successes by far
- Equity index funds investing in a responsible benchmark index cover as much as 95% of the passive investments in our listed equity portfolio. We have been involved in developing five new ETFs that consider sustainability criteria.
- We received the international investor network PRI’s Leaders’ Group recognition for our climate reporting.
- We extended the monitoring of carbon risk in our investment activities from coal to fossil energy sources in general. Our investments in companies that are dependent on fossil fuels are decreasing.
- We have significantly improved the energy efficiency of our properties.
- We promote the circular economy in construction. We take the circulation of all materials into account already in the design phase. As part of this effort, we signed RAKLI’s and the Ministry of the Environment’s demolition green deal that promotes the circular economy.
- We continued LEED certifications that reduce the environmental impacts of buildings: the Kämp block is now almost entirely LEED certified.
- We recycled the thermal glass roofs of our office building into glass wool.
- We renewed our online service to make it accessible and adopted the ‘Equal service for all’ label.
We regularly report on how we manage your pension cover
We wish to offer as comprehensive a picture of our activities as possible to be able to engage in open dialogue about our work and sustainability. Our annual and sustainability report gives you the best understanding of the sustainability of our activities.
In the report, you can also read how pension cover affects each and every person living and working in Finland – at various stages of their lives.
Current topics
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.
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.
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.