A more sustainable Topdanmark

In 2024, Topdanmark has achieved a number of good results within Green transformation (E), Health and well-being (S), and Responsible foundation (G). Read more about our results here on this page. In 2024, Topdanmark was acquired by Sampo plc, and will thus be integrated with If P&C Insurance. Therefore, Topdanmark's sustainability statement 2024 is consolidated with If P&C Insurance.
Find both Sampo plc's sustainability statement and If P&C Insurance's sustainability statement via the links below.

If P&C Holding annual report 2024

Sampo plc Board of Directors report 2024

Our approach to sustainability

For Topdanmark, environmental, social and financial sustainability is part of our core business. Every day we work to create financial and social security for all of our customers, our employees and society in general. We want sustainability to be a natural part of all the decisions and actions we take e.g. in relation to procurement, claims handling, product development, intake of new customers, and investments. Our work is based on a sustainability aspiration: We are here to help our customers and the society which we are part of.

Green transformation

In recent years, we have experienced more extreme weather as a result of higher temperatures and general climate change. The more extreme weather is a challenge for everyone, including us as an insurance company. There is a need for solutions for how we adapt to the changing weather conditions as well as long-term solutions to reduce temperature increases. In 2024, Topdanmark had our science-based targets validated, which gives us a clear plan for our CO2e reduction towards 2030. Read more on our commitment to Science Based Targets initiative here, or see our results below. 

Vindmøller stående i havet med landskab i baggrunden

At Topdanmark, we would like to contribute with solutions that benefit both our customers and society. As an insurance company, climate change poses a business risk, as it can mean more damage and thus increased expenses. This can be damage to people, buildings or crops, and this means greater expenses for the business for damage repairs.

It is therefore important for Topdanmark as a business to help support a better climate and environment, thereby avoiding damage to our customers. It is not only in our own business that we work to reduce CO2 emissions, but also a focus we have for our suppliers and  customers.




Results in 2024

  • 16.2%
    CO2 reduction in scope 1 and 2 from baseline in 2022

  • 17.1%
    Suppliers have set ambitious climate targets

  • 53%
    Of Topdanmark’s company cars are electric vehicles

Bottom-up approach to the green transition

In our own offices, it is also important that we put more focus on the green transition. Here, it is important to focus on all measures – large and small – that can help support a sustainable everyday life.

Therefore, in 2024 our internal community for a green workplace – WorkGreener – continued their work to create awareness of and initiatives for the greener workplace. Among other things, WorkGreener continued the tradition of Topdanmark’s Green Week. During this week, the focus was on the smaller efforts and life hacks for upholding a climate-aware lifestyle. Green Week offered, among other things, Sustainable Bingo, 10 tips to a climate-aware workday, and a visit from the celebrity weather host Peter Tanev.




Health and wellbeing in everyday life

Well-being in everyday life is what our core business is all about; namely to ensure that we contribute to the security, safety and health of our customers. It is simply manifested in our Promise: We are here to help. This also applies to our employees, who are an indispensable part of Topdanmark. The more people who avoid being affected by illness, stress or mental challenges, the better it is for both the individual, their workplace, Topdanmark as an insurance company and society in general. Therefore, well-being, health and prevention are essential for Topdanmark.

Glad kvinde med blæsende hår

Our focus on health and well-being also applies to our customers. We know that healthy and safe people have a greater degree of well-being in everyday life, and therefore we work specifically with health and well-being for our customers – both private customers, business customers (and their employees) and agricultural customers.

The app Sundhedshjælp is an important supplement to public health services. This is because Sundhedshjælp offers the opportunity to have a consultation with a doctor every day of the week – even at the weekend. This means that if you need to see a doctor quickly, for example if you have an allergic reaction, your children get a high fever or if you are stung by an insect during the summer holidays, you can be seen by a doctor quickly and safely online, instead of driving to the nearest clinic for reassurance. 




Results in 2024

  • 155,612
    Registered users of Sundhedshjælp

  • 47,881
    Consultations through the app Sundhedshjælp

  • 96%
    Are ’satisfied’ or ’very satisfied’ with Sundhedshjælp

Well-being

At Topdanmark, we have a very special focus on the health and well-being of our employees. We have this because we know that it helps to raise employee satisfaction, which in turn helps to ensure less sick leave and that our employees stay longer with us.

At Topdanmark, we want to support general well-being for our employees. To ensure ongoing dialogue between employees and managers on well-being and job satisfaction, we conduct an engagement survey every six months and follow up with team talks in all respective teams. The team talk is a tool that provides the manager and team with an opportunity to look at the results of the group engagement survey in depth. Based on the replies, we plan which actions are needed in the immediate future. Moreover, when an engagement score places a team in the lowest third of the total group, they are obliged to conduct team talks with their respective HR business partner ensuring a focused effort on well-being in the specific team. Our engagement survey shows a continued high score of 80 points, which tells us that our employees thrive at the workplace both socially and professionally. In 2024, we furthermore saw a continued high rate of responses at 96%, which shows us that our employees value and prioritise the engagement survey. Notably in 2024, we saw that the teams with the lowest score in the previous engagement survey have raised their scores by between 13 and 18 points. This shows us that the mandatory team talks with an HR business partner have a positive effect on the well-being in the teams.




Facts

80 out of 100 points in the engagement survey, both in first half-year and second half-year of 2024.

Responsible foundation

When we talk about Responsible foundation, we talk about Topdanmark as a business taking responsibility – both towards the employees and customers, but in particular also towards the society we are part of. 

Having a responsible foundation to build our business on is essential for Topdanmark. This also means that we make high demands on our suppliers and business partners. However, it also means that we expect our customers to act responsibly. A responsible foundation consists of several different elements. We must of course ensure a financially responsible business, but we must also ensure basic rights for both our employees, the customers and the people who work in our value chain.

Bil kørende på en landevej i solnedgang

At Topdanmark, our brand promise is we are here to help. When a customer needs help with a claim, we act through a strong network of suppliers. Our relationship with our suppliers is therefore important, and our strong collaboration are based on dialogue and joint development of efforts as well as high requirements for ESG compliance. 




Results in 2024

  • 0
    Severe breaches to the UNGC within our customer portfolio.

  • 37/63
    Women/men across all management levels at Topdanmark.

  • 57%
    Of all suppliers have signed the Supplier Code of Conduct.

Higher demands for customers

For a long time, we have had an exclusion list of certain industries that we do not want to insure. The same principle applies to our investments. These industries include the production of coal, tar sands, tobacco and controversial weapons. Moreover, we screen our commercial customers for issues related to ESG and benchmark against the UN Global Compact principles.

The majority of our customers are in the SME segment, and after our screening efforts in 2024, we found only minor incidents that broke with our principles for sustainability with our customers. When we experience problematic instances regarding E, S or G with our customers, we always initiate a dialogue to address the issues together and ensure that it will not happen again. In that way, we help each other drive the sustainability agenda forward. In 2024, none of the incidents we saw could be characterised as adverse breaches of the UN Global Compact Principles, which include labour- and human rights, anti-corruption as well as climate- and environmental aspects. Read more about ESG screening of customers here.




Good governance

When we choose to screen both suppliers and customers for ESG risks, it is a deliberate choice to make demands to our business relations and the society we are part of in relation to sustainability. In addition to our screening processes in the value chain, we also have a special focus on ensuring that our own employees live up to our Code of Conduct. We ensure this by requiring all employees to complete and pass an online e-learning course in the same Code of Conduct every second year.




Facts

98% of Topdanmark’s employees passed the mandatory e-learning in Code of Conduct in 2024.

DEI&B

Diversity, equity, inclusion, and belonging  is a field that is rapidly developing at Topdanmark. In 2024, our employee resource group for DEI&B continued the work for diversity and inclusion in the business. This group of employees come from the entire organisation and work to set the strategic framework for Topdanmark's work with DEI&B – a framework that aligns with both the business and our employee culture.
Like our employee resource group for a greener workplace - WorkGreener - this group works from a bottom-up approach to change. This specifically means that the group members collect and qualify ideas and wishes to the DEI&B agenda, and present these for approval with the Executive Management team, who then approves the idea and allocate the needed resources for the implementation.

Based on specifically the employee culture, the concept of belonging was therefore added to the otherwise traditional understanding of DE&I. The employee group act as the eyes and ears of all employees and compiles initiatives and ideas, qualifies them and present them for approval to the group executive management. In 2024, the DEI&B group have had a specific focus on implementation of blind recruitment and a focus on neurodiversity through implementation of the Sunflower programme. Read more about the Sunflower programme for customers here. 




Social responsibility and sustainability are the corner stones of our core business

We focus on Green transformation, Health and well-being, and Responsible Foundation.

Find If P&C Holding's annual report 2024

Marie-Louise Krogh Bisgaard
Head of Sustainability
mobile 30 65 53 76
Marie Uldall Thomsen
Sustainability Consultant