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OrganisationsOld Mutual
Old Mutual logo

Old Mutual

Financial IntermediationSouth AfricaLSE: OMU.L
Last verified 1 month agooldmutual.com

Old Mutual Limited, a prominent player in the financial intermediation services sector, is headquartered in South Africa (ZA) and has a significant presence across various regions in Africa and beyond. Founded in 1845, Old Mutual has evolved into a trusted provider of financial solutions, focusing on investment management, savings, and wealth creation.

The company offers a diverse range of core products and services, including asset management, personal finance, and retirement planning, distinguished by their commitment to customer-centric solutions. With a rich history marked by key milestones, Old Mutual has established itself as a leader in the industry, recognised for its innovative approach and strong market position. Its dedication to empowering individuals and businesses alike sets Old Mutual apart in the competitive financial landscape.

53
DitchCarbon score

+16 vs industry average

Old Mutual’s score of 53 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2028

000.0M000.0M000.0M00.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Old Mutual's reported carbon emissions

Old Mutual, headquartered in ZA and operating in financial intermediation services, has reported its carbon emissions across various scopes. In 2025, the company's total emissions were approximately 206.9 million kg CO2e. This figure comprised about 3.4 million kg CO2e for Scope 1 emissions, approximately 43 million kg CO2e for Scope 2 (market-based), and around 160.5 million kg CO2e for Scope 3.

The previous year, 2024, saw total emissions of approximately 209.5 million kg CO2e, with Scope 1 at about 3.7 million kg CO2e, Scope 2 (market-based) at around 55.7 million kg CO2e, and Scope 3 at approximately 150 million kg CO2e. In 2023, total emissions were about 210.1 million kg CO2e, including roughly 9.1 million kg CO2e for Scope 1, approximately 60.2 million kg CO2e for Scope 2 (market-based), and about 140.8 million kg CO2e for Scope 3.

For 2022, total emissions stood at approximately 206.5 million kg CO2e, with Scope 1 emissions around 4.9 million kg CO2e, Scope 2 (market-based) at about 62.1 million kg CO2e, and Scope 3 at approximately 139.5 million kg CO2e.

Further back, in 2020, Old Mutual reported total emissions of about 154.4 million kg CO2e, with Scope 1 and 2 accounting for approximately 150.2 million kg CO2e and Scope 3 emissions at around 4.2 million kg CO2e. In 2019, total emissions were approximately 269 million kg CO2e, including Scope 1 at about 2.1 million kg CO2e, Scope 2 (market-based) at around 81.5 million kg CO2e, and Scope 3 at approximately 187.5 million kg CO2e. In 2016, Scope 1 emissions were about 6.2 million kg CO2e, Scope 2 at around 483.8 million kg CO2e, and a significant Scope 3 total of nearly 60 billion kg CO2e, which included substantial emissions from investments. In 2010, Scope 1 emissions were approximately 7.6 million kg CO2e, and Scope 2 emissions were around 792.8 million kg CO2e (location-based).

Old Mutual has not specified any absolute reduction targets or commitments in the provided data.

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Old Mutual’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Old Mutual yet.

Scope 3 top emissions categories

3 of 15 categories disclosed
Fuel & Energy Activities9%
Business Travel5%
Waste Generated in Operations1%
Fuel & Energy Activities9%
Business Travel5%
Waste Generated in Operations1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Old Mutual logoOld Mutual
ZAFinancial Intermediation
1 month ago
53
Legal And General logoLegal And General
GBInsurance Services
7 days ago
89
View
Aviva logoAviva
GBInsurance Services
7 days ago
85
View
Prudential Financial logoPrudential Financial
GBInsurance Services
3 days ago
79
View
Man logoMan
GBInvestment Advice
17 days ago
61
View
Investec logoInvestec
ZAFinancial Intermediation
7 days ago
59
View
Standard Bank logoStandard Bank
ZAFinancial Intermediation
7 days ago
48
View

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Ditchcarbonv260724.2
[email protected]+44 203 475 7875

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