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 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 30 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sanlam's reported carbon emissions
In 2023, Sanlam reported total carbon emissions of approximately 63,734,000 kg CO2e. This figure includes 3,169,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, accounted for about 32,334,000 kg CO2e. The largest portion of their emissions, approximately 28,134,000 kg CO2e, fell under Scope 3, which includes indirect emissions from the value chain, such as business travel and employee commuting. Over the years, Sanlam has shown fluctuations in their emissions, with a notable increase from about 58,167,000 kg CO2e in 2010 to the current figure. Despite this increase, specific reduction targets or initiatives have not been disclosed, indicating a potential area for improvement in their climate commitments. Sanlam's emissions data reflects their ongoing challenges in managing carbon outputs, particularly in Scope 3 categories, which are often the most difficult to control. As a financial services provider headquartered in South Africa (ZA), Sanlam's climate strategy will be crucial in aligning with global sustainability goals and addressing the increasing pressure for corporate accountability in climate action.
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Add to project| 2007 | 2008 | 2009 | 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 225,000 | 00,000 | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 25,919,000 | 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 | 7,048,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 committed to any reduction initiatives 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.
