Sallie Mae, officially known as SLM Corporation, is a prominent financial services company headquartered in the United States. Founded in 1972, it has established itself as a leader in the student loan industry, primarily focusing on education financing solutions. With a strong presence across the nation, Sallie Mae offers a range of products, including private student loans, college savings plans, and loan management services.
What sets Sallie Mae apart is its commitment to helping students and families navigate the complexities of funding higher education. The company has achieved significant milestones, including the introduction of innovative repayment options and educational resources. As a trusted name in student finance, Sallie Mae continues to empower millions of borrowers, solidifying its position as a key player in the education financing sector.
-10 vs industry average
Sallie Mae’s score of 25 is lower than 34% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sallie Mae's reported carbon emissions
In 2023, Sallie Mae reported total emissions of approximately 1,134,000 kg CO2e, comprising 157,000 kg CO2e from Scope 1 and 977,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were approximately 3,528,000 kg CO2e, with Scope 1 emissions at 298,000 kg CO2e and Scope 2 emissions at 3,230,000 kg CO2e. Despite these reductions, Sallie Mae has not disclosed any Scope 3 emissions data, which includes emissions from purchased goods and services. Furthermore, the company has not set any specific reduction targets or climate pledges, indicating a potential area for future commitment. Sallie Mae's emissions data is not cascaded from any parent organisation, and all figures are reported directly from the company itself. The organisation's commitment to reducing its carbon footprint aligns with broader industry trends towards sustainability, although specific initiatives or targets have not been outlined.
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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.
Emissions comparison with industry peers
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Sallie Mae
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