Old Mutual
Old Mutual Limited, a leading financial services group headquartered in South Africa (ZA), has been a cornerstone of the industry since its founding in 1845. With a strong presence across Southern Africa, the UK, and other international markets, Old Mutual operates primarily in the insurance, investment, and banking 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 technology. Old Mutual's commitment to sustainability and community development further enhances its reputation, positioning it as a trusted partner in financial well-being. With over 175 years of experience, Old Mutual has achieved significant milestones, including its listing on the Johannesburg Stock Exchange, solidifying its status as a market leader in the financial services landscape.
DitchCarbon Score
How does Old Mutual'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 Financial Intermediation 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
Old Mutual's score of 11 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Old Mutual's reported carbon emissions
In 2023, Old Mutual reported total carbon emissions of approximately 210,109,000 kg CO2e in South Africa (ZA). This figure includes Scope 1 emissions of about 9,107,000 kg CO2e, which comprise mobile combustion and fugitive emissions, and Scope 2 emissions of approximately 60,208,000 kg CO2e. The company also recorded Scope 3 emissions of around 140,794,000 kg CO2e, with significant contributions from business travel and fuel-related activities. Comparatively, in 2022, Old Mutual's total emissions were about 206,448,000 kg CO2e, indicating a slight increase in 2023. The breakdown for 2022 included Scope 1 emissions of approximately 4,864,000 kg CO2e, Scope 2 emissions of about 62,110,000 kg CO2e, and Scope 3 emissions of around 139,474,000 kg CO2e. Despite these figures, Old Mutual has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions and engage in climate-related strategies, aligning with industry standards for sustainability and carbon management.
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.
Old Mutual is not committed to any reduction initiatives 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.
