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Sallie Mae, officially known as SLM Corporation, is a leading financial services provider with its headquarters in the US. Established in 1972, the company specialises in financial intermediation services, particularly within the vital education finance sector.
Its core mission is to empower students and families to save, plan, and pay for higher education. To achieve this, Sallie Mae offers a comprehensive range of private education loans, alongside various college savings tools.
Complementing its lending and savings solutions, the company also provides essential banking services, including credit cards and FDIC-insured savings accounts. Sallie Mae stands as a key player in supporting access to higher education through tailored financial products and services.
25
DitchCarbon score
-12 vs industry average
Sallie Mae’s score of 25 is lower than 31% 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 – 2027
20202021202220232024202520262027
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.
Sallie Mae's reported carbon emissions
Sallie Mae, a US-based financial intermediation services company, reported Scope 1 emissions of 226,000 kg CO2e and Scope 2 emissions of 1,240,000 kg CO2e for 2024. In 2023, their Scope 1 emissions were 157,000 kg CO2e and Scope 2 emissions were 977,000 kg CO2e. For 2022, Sallie Mae reported Scope 1 emissions of 298,000 kg CO2e and Scope 2 emissions of 3,230,000 kg CO2e. The company has not publicly disclosed Scope 3 emissions data, specifically noting "purchased goods and services" as a missing data point. Sallie Mae has not set any formal emissions reduction targets, such as those validated by the Science Based Targets initiative (SBTi), nor has it made a commitment to The Climate Pledge.
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Sallie Mae’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Sallie Mae yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sallie Mae2 months ago
25
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