Sampo
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Sampo's score of 46 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sampo's reported carbon emissions
In 2023, Sampo Group reported total carbon emissions of approximately 23,411,300 kg CO2e. This figure includes Scope 1 emissions of about 1,059,800 kg CO2e, primarily from stationary combustion, which accounted for approximately 696,000 kg CO2e. Scope 2 emissions totalled around 3,585,300 kg CO2e, with the majority stemming from purchased electricity at about 3,345,600 kg CO2e. Notably, Scope 3 emissions were significant, reaching approximately 18,766,300 kg CO2e, with business travel and employee commute contributing about 6,306,400 kg CO2e and 6,842,400 kg CO2e, respectively. Comparatively, in 2022, Sampo's total emissions were approximately 21,542,600 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at about 1,297,900 kg CO2e, Scope 2 at approximately 4,663,500 kg CO2e, and Scope 3 at around 15,581,200 kg CO2e. Sampo Group has committed to near-term targets aligned with a 1.5°C pathway, covering 58% of its total investment and lending by total assets as of 2022. These targets are designed to address greenhouse gas emissions from company operations (Scopes 1 and 2) and are consistent with the reductions necessary to limit global warming. However, Sampo has not yet committed to a net-zero target. Overall, Sampo's emissions data and climate commitments reflect a proactive approach to managing its carbon footprint within the financial sector, although the increase in emissions from 2022 to 2023 highlights the ongoing challenges in achieving sustainability goals.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
