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Saga, officially known as Saga Group Limited, is a prominent provider of insurance and pension funding services based in the United Kingdom. Headquartered in Great Britain, the company primarily serves customers across the UK, offering tailored insurance solutions and retirement planning products. Since its founding in 1951, Saga has established a strong reputation for specialising in services for the over-50s demographic, making it a recognised leader in its niche market.
The company’s core offerings include travel insurance, life insurance, and pension funding services, distinguished by their personalised approach and customer-centric focus. Saga’s market position is reinforced by its long-standing presence and commitment to delivering reliable, high-quality financial products. With a history of notable milestones, Saga continues to be a key player in the insurance and pension funding industry, known for its expertise and dedicated service.
+53 vs industry average
Saga’s score of 92 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services has below-average carbon intensity
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Saga, a UK-based company in the insurance and pension funding services industry, reported total emissions of approximately 277 million kg CO2e in 2025. This includes 107,015,000 kg CO2e from Scope 1, 219,000 kg CO2e from Scope 2 (market-based), and 169,846,000 kg CO2e from Scope 3 emissions.
For 2024, Saga's total emissions were approximately 315 million kg CO2e. This comprised 109,647,000 kg CO2e for Scope 1, 307,000 kg CO2e for Scope 2 (market-based), and 205,251,000 kg CO2e for Scope 3. In 2023, the company's total emissions were approximately 320 million kg CO2e, with Scope 1 at 105,939,000 kg CO2e, Scope 2 (location-based) at 1,296,000 kg CO2e, and Scope 3 at 212,831,000 kg CO2e.
Saga has committed to a near-term target to reduce its Scope 1 and Scope 2 emissions by 30% by 2030, using 2019 as a baseline. The company also supports the UK Government's commitment to achieving net-zero emissions by 2050, as indicated by its long-term net-zero commitment with the Science Based Targets initiative (SBTi). Saga's net-zero commitment was made in 2023, with a target year of 2050.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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