Sanlam Sustainability Profile
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 43 is higher than 61% 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 5,597,427 kg CO2e, a decrease from approximately 6,373,400 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions of 188,020 kg CO2e, Scope 2 emissions of 2,921,814 kg CO2e, and Scope 3 emissions of 2,487,593 kg CO2e. This reflects a commitment to reducing their carbon footprint, particularly through initiatives aimed at renewable energy measures and the purchase of renewable energy certificates to offset Scope 2 emissions. Sanlam's climate commitments include near-term reduction targets for both Scope 1 and Scope 2 emissions, with recommendations to develop renewable energy strategies. These initiatives are designed to decrease energy emissions and potentially generate carbon credits for the local carbon tax market. The organization has not yet established Science-Based Targets Initiative (SBTi) targets, but it actively discloses its emissions data and reduction strategies through its sustainability reports. Sanlam's emissions data is sourced directly from Sanlam Limited, with no cascaded data from parent organizations.
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Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 30,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 44,535,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 11,677,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Sanlam's Industry?
How Carbon Intensive is Sanlam's Location?
Sanlam's Scope 3 Categories Breakdown
Sanlam's Scope 3 emissions, which increased by 28% last year and increased by approximately 357% since 2010, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 60% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 18% of Scope 3 emissions.
Top Scope 3 Categories
Sanlam'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.
Sanlam has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
