Varma Mutual Pension Insurance Company (Varma) is a Finnish mutual pension insurer that provides statutory earnings-related pension cover for employees (TyEL) and self‑employed persons (YEL). Formed through the merger of Finnish pension insurers in 1998 and renamed in 2005, Varma is owned by its policyholders and the insured. Headquartered in Helsinki, it administers pensions, disability risk management, and vocational rehabilitation services across Finland.
Varma is among the largest institutional investors in the Nordic region, managing a diversified, multi‑asset portfolio measured in tens of billions of euros across equities, fixed income, real estate, and private assets. The company integrates responsible investment and climate objectives into its portfolio management, engaging with investee companies on governance, environmental, and social issues. As a significant long‑term investor, Varma holds positions in a range of industrial sectors—including chemicals—where it focuses on transition risk, emissions reduction pathways, and other material ESG factors relevant to sustainable value creation.
Official website: varma.fi
