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Men 68 66% 66% |
Gender distribution among managers, including CEOs. |
Women 51% 52% 51% |
Men 49% 48% 49% |
Follow-up on target figures for the underrepresented gender |
74. |
Responsibility 2018. |
At the Group’s other management levels, ATP aims for a 60/40 per cent split which meets the gender balance requirements set out in the Danish Act on Gender Equality (Ligestillingsloven). |
ATP is constantly striving to increase the share of women in management as the gender targets are part of ATP’s Diversity Policy. It is part of ATP’s strategy to increase the focus and emphasis on diversity in connection with the recruitment of new employees, and a targeted effort is made to recruit a wide range of can... |
There is no gender underrepresentation at other management levels of the ATP Group. Overall, for all management levels, including executives, the distribution is equitable. The gender balance in management varies according to management level and area. Consequently, the development of managers in all areas will be give... |
Appendices |
76. |
Responsibility 2018. |
Appendix 1: |
Global Compact – references. |
UN Global Compact Page. |
Human rights 1. The business should support and respect the protection of internationally proclaimed human rights; and 2. make sure that they are not complicit in human rights abuses. |
14, 15, 55, 58, 61. |
Labour 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; 4. the elimination of all forms of forced and compulsory labour; 5. the effective abolition of child labour; and 6. the elimination of discrimination in respect of employment and occupation... |
14, 15, 61, 65, 70. |
Environment 7. Businesses should support a precautionary approach to environmental challenges; 8. undertake initiatives to promote greater environmental responsibility; and 9. encourage the development and diffusion of environmentally friendly technologies. |
14-16, 17-30, 50, 54, 56, 59, 61, 66, 71. |
Anti-corruption 10. Businesses should work against corruption in all its forms, including extortion and bribery. |
14, 51, 57, 61, 66, 67 |
77. |
Responsibility 2018. |
Appendix 2: |
Carbon footprint at portfolio level, Nordic equities, international equities and corporate bonds for 2017 and 2018 (Market Cap) (2018) |
Carbon Footprint (tonnes CO2e/DKKm) |
Carbon Intensity (tonnes CO2e/DKKm) |
WACI (tonnes CO2e/DKKm) |
Nordic equities 26.60 44.86 56.42. |
Scope 1 24.88 41.96 25.94. |
Scope 2 1.72 2.90 3.13. |
Scope 3 27.35. |
International equities 37.42 38.60 57.39. |
Scope 1 33.34 34.39 30.89. |
Scope 2 4.08 4.21 5.60. |
Scope 3 20.90 (2017) |
Carbon Footprint (tonnes CO2e/DKKm) |
Carbon Intensity (tonnes CO2e/DKKm) |
WACI (tonnes CO2e/DKKm) |
Nordic equities 23.49 45.53 54.41. |
Scope 1 22.39 43.40 28.13. |
Scope 2 1.10 2.13 2.35. |
Scope 3 23.93. |
International equities 44.56 54.96 76.29. |
Scope 1 40.64 50.12 47.45. |
Scope 2 3.92 4.84 5.74. |
Scope 3 23.1 |
78. |
Responsibility 2018. |
Appendix 3: |
Scenarios, climate models and climate model data. |
The UN Climate Panel (IPCC) has developed four scenarios for future greenhouse gas concentrations. |
ATP bases its climate analysis on the four scientifically recognised and developed scenarios for future greenhouse gas concentrations which were used by the UN Climate Panel in its recent Assessment Report (AR5). Around every seven years, the Climate Panel publishes a report summarising major international research int... |
Many factors have to be taken into account in order to understand climate change. Greenhouse gas emissions are the main cause of climate change, which has many direct and indirect components. These include contributory factors such as energy consumption, population growth, land use, regional economic development, techn... |
The development of internationally recognised standard scenarios ensures that researchers, decision-makers, companies and investors are able to use comparable data for climate modelling, among other things. |
Climate literature uses the term ‘radiative forcing’ and the scenarios have indeed been named after their radiative forcing. In simple terms, this is a measure of the total impact of the greenhouse effect in the scenario. Technically, radiative forcing describes how the balance between incoming solar energy and outgoin... |
Development in greenhouse gas concentrations in the four scenarios The development in greenhouse gas concentrations in the four scenarios is shown below The greenhouse gas concentration is calculated as CO2 equivalents (CO2e). These concentration levels are some of the most significant inputs in a climate model calcula... |
0 200 400 600 800 1000 1200 1400 2005 2010 2020 2030 2040 2050 2060 2070 2080 2090 2100 2000 ppm. |
RCP 2,6 RCP 4,5 RCP 6,0 RCP 8,5. |
CO2-equivalent concentration in the four RCP scenarios |
79. |
Responsibility 2018. |
Assumptions in the four scenarios. |
RCP2.6 The RCP2.6 scenario is the most optimistic scenario of the four IPCC scenarios with the most dramatic reduction in greenhouse gas concentrations and the smallest change in the greenhouse effect. In the scenario, scientists assume that the global population will grow to 9 billion by 2100, a global income developm... |
RCP4.5 IPCC scenario RCP4.5 is a so-called stabilisation scenario. Radiative forcing will increase towards 2080 and then stabilise. The scenario assumes that the global population will grow to 8.7 billion by 2100. The global economy – measured in terms of GDP – will grow about six-fold. Concurrently with this populatio... |
RCP8.5 RCP8.5 is the scenario with the greatest impact on the greenhouse effect. This scenario is the only scenario to assume that no new climate policy initiatives will be adopted and is thus a ‘business as usual’ scenario (BAU scenario) within climate research and policy. Due to a growing population, among other thin... |
80. |
Responsibility 2018 scientists at the Integrated Assessment Framework at the International Institute for Applied Systems Analysis (IIASA). |
Structure of climate models Modern climate models are highly complex and comprise an enormous variety of factors. This complexity is due to a desire to enable very accurate modelling of the Earth’s climate and be able to describe geographical variations in many different scenarios. The greenhouse effect is one of the m... |
The most commonly used climate models, known as general circulation models, cover all these factors as accurately as possible. But there are also differences between the different models, as details and processes are still being discussed in climate literature. Basically, a general circulation model divides the atmosph... |
Temperature increase in RCP8.5 (Hancock Queensland Plantations) -1 0 |
1 2 |
3 4 |
5 6. |
MPI-ESM-LR. |
IPSL-CM5A-LR. |
HadGEM2-ES. |
HadGEM2-CC. |
GISS-E2-R. |
GISS-E2-H. |
FGOALS-s2. |
EC-EARTH. |
CSIRO-Mk3-6-0. |
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