Public Profile

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.

32

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.

26

Industry Benchmark

Sanlam's score of 32 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

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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, 32,334,000 kg CO2e from Scope 2 emissions, and 28,134,000 kg CO2e from Scope 3 emissions. Over the years, Sanlam has shown fluctuations in its emissions, with a notable increase from 58,166,830 kg CO2e in 2010 to the current figure. Sanlam's emissions data reveals a commitment to transparency, as they disclose emissions across all three scopes. However, there are currently no specific reduction targets or initiatives outlined in their reports. The absence of documented reduction targets suggests that while Sanlam is actively monitoring its carbon footprint, it may not yet have formalised strategies for significant emissions reductions. Overall, Sanlam's emissions profile reflects the challenges faced by large organisations in managing their carbon impact, particularly in the financial services sector, where indirect emissions (Scope 3) can be substantial. As they continue to report on their emissions, stakeholders will be looking for future commitments and initiatives aimed at reducing their overall carbon footprint.

Unlock detailed emissions data

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

200720082009201020192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sanlam's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Sanlam is in ZA, which has a very high grid carbon intensity relative to other regions.

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.

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

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