Sampo Group, a prominent Finnish financial services company, is headquartered in Helsinki, Finland (FI). Established in 1909, Sampo has evolved into a key player in the Nordic insurance and banking sectors, with significant operations across Finland, Sweden, and the Baltic countries. The company primarily focuses on non-life insurance, life insurance, and asset management, offering a diverse range of products tailored to meet the needs of both individual and corporate clients. Sampo's commitment to innovation and customer-centric solutions has positioned it as a leader in the industry, with notable achievements including a strong market presence and a reputation for financial stability. Its unique approach to risk management and investment strategies sets Sampo apart, ensuring that it remains a trusted partner in the financial landscape.
How does Sampo'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.
Sampo's score of 44 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sampo Group reported total carbon emissions of approximately 23,411,300 kg CO2e. This figure includes 1,059,800 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 3,585,300 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, heat, and cooling. The majority of their emissions, about 18,766,300 kg CO2e, fall under Scope 3, which includes emissions from the value chain, such as business travel and employee commuting. Sampo has set significant climate commitments, including near-term targets aligned with a 1.5°C pathway. By 2029, they aim to cover 58% of their total investment and lending by total assets with portfolio targets that address greenhouse gas emissions from their operations (Scopes 1 and 2). This commitment reflects their strategy to contribute to global climate goals while managing their financial operations sustainably. In previous years, Sampo's emissions were as follows: in 2022, they reported approximately 21,542,600 kg CO2e; in 2021, about 10,641,300 kg CO2e; and in 2020, around 11,326,800 kg CO2e. The data indicates a complex emissions profile, with ongoing efforts to monitor and reduce their carbon footprint in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,515,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,886,600 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 6,925,100 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Sampo is participating in some of the initiatives that 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.