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 56 is higher than 78% 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 includes Scope 1 emissions of about 1,059,800 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 3,585,300 kg CO2e, mainly from purchased electricity. The most significant contributor to their emissions is Scope 3, which accounted for approximately 18,766,300 kg CO2e, with business travel and employee commuting being the largest sources. 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 activities classified under Scope 3, such as air travel and waste management. Additionally, Sampo's portfolio targets cover 58% of its total investment and lending by total assets, aligning with the reductions necessary to limit global warming to 1.5°C. In 2022, Sampo's total emissions were approximately 21,542,600 kg CO2e, indicating a rise in emissions in 2023. The company is actively working towards its reduction goals, with a near-term target set for 2029, reflecting its commitment to sustainable practices within the financial sector.
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.