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 86 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 2024, Sampo Group reported total carbon emissions of approximately 330,828,000 kg CO2e. This includes Scope 1 emissions of about 883,000 kg CO2e, Scope 2 emissions of approximately 3,570,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 326,376,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from investments (about 293,860,000 kg CO2e) and business travel (approximately 6,318,000 kg CO2e). In comparison, the 2023 emissions data indicated a total of about 375,638,000 kg CO2e, with Scope 1 at 1,115,000 kg CO2e, Scope 2 at approximately 4,111,000 kg CO2e (market-based), and Scope 3 emissions reaching around 370,412,000 kg CO2e. This shows a reduction in total emissions from 2023 to 2024. Sampo has set ambitious climate commitments, aiming to achieve carbon neutrality by 2030. This target encompasses all scopes of emissions, including those from company operations (Scope 1 and 2) and various Scope 3 activities such as air travel and waste management. Additionally, Sampo is working towards over 95% renewable energy use across its operations by the end of 2030. The company has also established near-term targets aligned with the Science Based Targets initiative (SBTi), covering 58% of its total investment and lending by total assets as of 2022. These targets are designed to ensure that emissions reductions from company operations are consistent with the goal of limiting global warming to 1.5°C. Overall, Sampo Group is actively pursuing significant reductions in its carbon footprint while committing to a sustainable future through its comprehensive climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 1,515,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 2,886,600 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 6,925,100 | 0,000,000 | 000,000,000 | 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.
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.