“Making climate action a competition is really smart.”

Success Story | KLP Banken

Industry: Finance

Location: Norway

Eco lighthouse-certified

Visit website

KLP is Norway’s largest pension company. KLP’s responsibility is to provide secure and competitive pensions in a responsible and sustainable manner. KLP uses UNs sustainability goals as a framework for how they work with sustainability.

They invest in renewable energy, work to increase environmental awareness and knowledge to their customers, as well as actively working to reduce climate gas emissions.

As an Eco-Lighthouse Certified company KLP releases environmental reports with the results they’re achieving in reducing Greenhouse Gas emissions annually.

The Challenge

Climate-related issues can have consequences for a number of sectors, and thus affecting the value of KLP’s investments. In KLP we therefore work toward increasing knowledge and awareness about climate as a financial risk.

KLP is, for example, together with a number of other investors, involved in a pilot project organized by the UN Environment Program’s Financial Initiative (UNEP FI). The project is to test tools that analyze climate risk in listed stocks and bonds. The analysis addresses both physical and transitional risks.

The Solution

KLP’s work on increasing knowledge and competence applies both internally in their own organization as well as for other companies.

So, as a pilot project, KLP Banken decided to run a climate challenge to make their work with the SDGs and climate emissions on company level more relevant to their employees. They wanted to highlight how important their own impact is – and maybe even more important – that they together could create excitement for reaching their goals.

Communicating what the company was already doing was important to KLP, who arranged a sustainability week, the week before the challenge started. Here they used Ducky’s Footprint Calculator to encourage employees to calculate their own footprint. This would provide them with a starting point before their quest to save emissions. “The positive approach to climate communication was very good!” says Mari Svendsen, one of the project leaders of the climate challenge.

It captured the most important areas in my life.
Roar Bakken
Finance Department

61

Participants

4 698

Climate actions logged

5 312

Kg CO2e saved

Over 2 weeks, 61 co-workers at KLP Banken competed to save the most CO2e.

Some additional fun facts:

  • KLP arranged a sustainability week before the climate challenge started, focusing on what they already do on a company level.
  • KLP Banken was the first to test the “Hero of the Day” concept, aimed at acknowledging participants’ efforts in the ongoing climate challenge.

More success stories

The National School Climate Championship 2020

The National School Climate Championship 2020

The National Schools Championship this January saw eleven counties, fifty one schools and over 11,000 students compete. Participants saved enough CO2e in two weeks to roughly equal to driving a fossil car 2.5 round trips from the Earth to Moon. But most importantly the championship once again proved that no matter how young or old you are, you can do something to help with climate change.

read more
The Plastic Challenge

The Plastic Challenge

If all Norwegians copied what the participants in The Plastic Challenge did, we would have reduced plastic bags by more than 10 million, single use coffee cups (and lids) by more than 1 million and picked up more than 260 tons of plastic – in just two weeks.

read more
Alcoa Climate Championship 2019

Alcoa Climate Championship 2019

FEE Norway and Green Flag ran the Alcoa-Klimamesterskap 2019. In two weeks pupils at 7 high schools in Agder and Nordland reduced Co2e-emissions equivalent to a passenger flight flying 3 times around the earth.

read more
Climate Shout 2019

Climate Shout 2019

A kindergarten took first place in Norway’s first unofficial Climate Championship. On the 30th of August, thousands of people around Norway shouted for political action for the climate. For ten companies this wasn’t enough, and followed with a two-week Championship.

read more
NTNU Travel Pledge 2019

NTNU Travel Pledge 2019

Night-train to Oslo? Bike to work? Or on foot home from a fotball match? Some took things further than others when NTNU started their one year Ducky Campaign this spring, to motivate their employees to travel less and more environmentally-friendly.

read more
Firda High School

Firda High School

More than 100 pupils at Firda VGS participated in a Climate Challenge. Because the pilot was so successful, the school will now join 10 other schools in Sogn & Fjordane County to compete in the first National Climate Championship in January 2020.

read more

Ready to get started?

Get started with the Climate Challenge, or get in touch with us to learn more about your options.