Sanlam
Sanlam Limited, a leading financial services group headquartered in South Africa (ZA), has been a cornerstone of the industry since its founding in 1918. With a strong presence across Africa and select international markets, Sanlam operates primarily in the insurance, investment, and wealth management sectors. The company offers a diverse range of products, including life insurance, asset management, and retirement solutions, distinguished by their customer-centric approach and innovative offerings. Sanlam's commitment to financial inclusion and sustainability has positioned it as a market leader, recognised for its robust financial performance and strategic partnerships. Over the years, Sanlam has achieved significant milestones, solidifying its reputation as a trusted provider of financial services, making it a preferred choice for individuals and businesses alike.
DitchCarbon Score
How does Sanlam's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sanlam's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sanlam's reported carbon emissions
In 2024, Sanlam reported total carbon emissions of approximately 55,974,000 kg CO2e, with Scope 1 emissions at about 188,020,000 kg CO2e and Scope 2 emissions at approximately 2,921,814,000 kg CO2e. This marks an increase from 2023, where total emissions were about 52,130,000 kg CO2e, with Scope 1 at approximately 168,408,000 kg CO2e and Scope 2 at around 3,546,009,000 kg CO2e. Sanlam has set ambitious near-term climate commitments aimed at achieving net-zero emissions. The company is focusing on reducing its Scope 1 and Scope 2 emissions by developing renewable energy measures and purchasing renewable energy certificates. These initiatives are expected to be implemented between 2023 and 2025, although specific reduction percentages have not been disclosed. Overall, Sanlam's emissions data reflects a significant reliance on energy consumption, particularly in Scope 2 emissions, which are primarily associated with purchased electricity. The company's commitment to renewable energy solutions indicates a proactive approach to mitigating its carbon footprint and aligning with global climate goals.
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| 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 30,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 44,535,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 11,677,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sanlam is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
