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Public Profile
Insurance Services
FI
updated 2 months ago

Sampo Sustainability Profile

Company website

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.

80

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.

33

Industry Benchmark

Sampo's score of 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Sampo's reported carbon emissions

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 are primarily driven by investments, which account for about 293,860,000 kg CO2e. In 2023, Sampo's total emissions were approximately 375,638,000 kg CO2e, with Scope 1 emissions at about 1,115,000 kg CO2e, Scope 2 emissions at around 4,111,000 kg CO2e (market-based), and Scope 3 emissions reaching approximately 370,412,000 kg CO2e. 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), as well as indirect emissions from activities such as air travel and waste management (Scope 3). Additionally, Sampo's near-term targets align with the 1.5°C pathway, covering 58% of its total investment and lending by total assets as of 2022. Overall, Sampo Group is actively working towards reducing its carbon footprint and has established a clear framework for achieving its climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
1,534,100
0,000,000
0,000,000
0,000,000
0,000,000
000,000
Scope 2
2,929,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
11,950,100
0,000,000
0,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Sampo's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sampo's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Sampo's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sampo is in FI, which has a very low grid carbon intensity relative to other regions.

Sampo's Scope 3 Categories Breakdown

Sampo's Scope 3 emissions, which decreased by 12% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 90% of Scope 3 emissions.

Top Scope 3 Categories

2024
Investments
90%
Purchased Goods and Services
4%
Employee Commuting
2%
Business Travel
2%
Capital Goods
<1%
Fuel and Energy Related Activities
<1%
Upstream Transportation & Distribution
<1%
Waste Generated in Operations
<1%
Downstream Leased Assets
<1%

Sampo's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Sampo has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Sampo's Emissions with Industry Peers

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Unipol

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•
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Updated 10 days ago

Vienna Insurance Group

AT
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Prudential Financial

GB
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 days ago

NN Group

NL
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

ALLIANZ GROUP

DE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

Frequently Asked Questions

Common questions about Sampo's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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