Saga plc, headquartered in the United Kingdom, is a prominent player in the travel and insurance sectors, primarily catering to the over-50 demographic. Founded in 1951, Saga has evolved significantly, establishing itself as a trusted brand known for its tailored services and products. The company operates extensively across GB, offering a range of services including travel packages, insurance solutions, and financial services. Saga's unique approach lies in its deep understanding of the needs and preferences of older adults, providing bespoke travel experiences and comprehensive insurance products. With a strong market position, Saga has garnered recognition for its commitment to quality and customer satisfaction, making it a leading choice for those seeking reliable services in the leisure and insurance industries.
How does Saga'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.
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.
Saga's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Saga's total carbon emissions reached approximately 107,300,000 kg CO2e, with Scope 1 emissions accounting for about 105,939,000 kg CO2e and Scope 2 emissions at approximately 1,296,000 kg CO2e. The company also reported significant Scope 3 emissions, totalling about 212,831,000 kg CO2e, which includes categories such as investments and business travel. Saga has made a long-term commitment to achieve net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitment. This ambitious target reflects the company's dedication to reducing its carbon footprint and addressing climate change. In previous years, Saga's emissions have fluctuated, with 2022 emissions recorded at approximately 83,381,000 kg CO2e, and 2021 emissions at about 39,173,000 kg CO2e globally. The company has demonstrated a proactive approach to emissions management, with a notable reduction in Scope 1 emissions from about 100,065,750 kg CO2e in 2019 to approximately 36,187,000 kg CO2e in 2021. Saga's ongoing efforts to monitor and reduce its carbon emissions are crucial in the context of the financial services and insurance sector, where sustainability is increasingly becoming a key focus for stakeholders.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 97,496,720 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 3,260,450 | 0,000,000 | 0,000,000 | 0,000 | 0,000 | - | 0,000,000 |
Scope 3 | - | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
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.
Saga is committed to some 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.