Sanlam
Sanlam Limited, a leading financial services group headquartered in South Africa (ZA), has been a cornerstone of the industry since its founding in 1918. With a strong presence across Africa and select international markets, Sanlam operates primarily in the insurance, investment, and wealth management sectors. The company offers a diverse range of products, including life insurance, asset management, and retirement solutions, distinguished by their customer-centric approach and innovative offerings. Sanlam's commitment to financial inclusion and sustainability has positioned it as a market leader, recognised for its robust financial performance and strategic partnerships. Over the years, Sanlam has achieved significant milestones, solidifying its reputation as a trusted provider of financial services, making it a preferred choice for individuals and businesses alike.
DitchCarbon Score
How does Sanlam'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
Sanlam's score of 34 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sanlam's reported carbon emissions
In 2024, Sanlam reported total carbon emissions of approximately 55,974,000 kg CO2e, with Scope 1 emissions at about 188,020,000 kg CO2e and Scope 2 emissions at approximately 2,921,814,000 kg CO2e. This marks an increase from 2023, where total emissions were about 52,130,000 kg CO2e, with Scope 1 at approximately 168,408,000 kg CO2e and Scope 2 at around 3,546,009,000 kg CO2e. Sanlam has set near-term reduction initiatives targeting both Scope 1 and Scope 2 emissions, recommending the development of renewable energy measures or the purchase of renewable energy certificates to offset emissions. These initiatives aim to decrease energy-related emissions and potentially generate carbon credits for the local carbon tax market, with a timeframe for implementation from 2023 to 2025. The company has not disclosed any Scope 3 emissions data for 2024, but in previous years, it reported Scope 3 emissions of approximately 14,442,000 kg CO2e in 2021 and about 16,858,000 kg CO2e in 2020. Sanlam's commitment to sustainability is evident through its ongoing efforts to enhance its carbon management strategies and reduce its overall carbon footprint.
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| 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 30,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 44,535,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 11,677,000 | 00,000,000 | 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.
Sanlam is not participating in any 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.
