LB Forsikring raises climate targets for investments

11 June 2026

A large brick building with tall glass windows and the sign LB Forsikring on the facade, set against a clear blue sky. Two small trees line the street in front of the building.

ICMIF member LB Forsikring (Denmark) has raised the climate targets for its investment portfolio after meeting its goals in this area four years earlier than planned.

Since launching its climate strategy for the investment portfolio in 2021, LB Forsikring has made significant progress, fulfilling its objective of phasing out fossil investments and reducing the CO₂ footprint of the portfolio.

As several of the original ambitions in the strategy have either been achieved or are close to being achieved, LB Forsikring has now raised its targets, with the overarching ambition of ensuring that its investments help keep global temperature increases below 1.5 degrees, as outlined in the Paris Agreement.

The revised targets include a 55% reduction in the CO₂ footprint by 2030 for listed equities and corporate bonds and raising the share of investments focused on climate and social impact from 20% to 25% by 2030.

“We are strongly focused on delivering on the Paris Agreement’s goal of reducing CO₂ emissions. I am therefore very pleased that we have already met our 2030 target, and the task now is to set new goals and adjust our strategy,” said Søren Tschufarin Buhl, CRO, LB Forsikring.

The mutual’s climate strategy focuses on three areas: achieving a larger share of investments focused on climate and social impact, phasing out fossil investments, and reducing the climate footprint of the company’s investments.

In addition, LB Forsikring has a significant investment in forests, primarily globally, but also locally in Denmark.

“We work every day to create value for our members in the insurance community we share with them. We do this, among other things, by ensuring that our investments combine strong returns with integrity and responsibility toward society. We have a genuine ambition to contribute actively to the green transition through our investments, and our strategy must reflect that,” said Tschufarin Buhl.

At the turn of the year, LB Forsikring had investments totalling 10.6 billion DKK across several asset classes, including listed equities and bonds, infrastructure, forests, and unlisted credit funds.