Sanlam Limited, a leading player in the insurance and pension funding services sector, is headquartered in South Africa (ZA). Founded in 1918, the company has established a strong presence across various regions, including Southern Africa and select international markets. Sanlam offers a diverse range of products, including life insurance, investment solutions, and retirement funding, distinguished by their customer-centric approach and innovative offerings.
With a commitment to financial security, Sanlam has achieved significant milestones, positioning itself as a trusted partner in wealth creation and protection. The company is renowned for its robust market presence and has received numerous accolades for its service excellence and financial stability. As a key player in the insurance industry, Sanlam continues to adapt and evolve, ensuring it meets the changing needs of its clients.
+16 vs industry average
Sanlam’s score of 55 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sanlam's reported carbon emissions
Sanlam, a South African-based insurance and pension funding services provider, reported approximately 62.9 million kg CO2e for the year 2025, encompassing Scope 1 emissions.
For the year 2024, Sanlam's total emissions were approximately 62.9 million kg CO2e, including Scope 1 emissions of about 1.9 million kg CO2e, Scope 2 emissions of approximately 29.2 million kg CO2e, and Scope 3 emissions of roughly 31.4 million kg CO2e.
In 2023, Sanlam's total carbon emissions were approximately 63.6 million kg CO2e. This figure comprised Scope 1 emissions of about 3.2 million kg CO2e, Scope 2 emissions of approximately 32.3 million kg CO2e, and Scope 3 emissions of around 28.1 million kg CO2e.
Sanlam's emissions data is not cascaded from a parent organisation.
Sanlam has outlined recommendations for reducing emissions, including the development of renewable energy measures or the purchase of renewable energy certificates to offset Scope 2 emissions. These initiatives could potentially decrease the company's energy-related emissions and, if Sanlam-owned renewable energy facilities are developed, allow for the sale of carbon credits into the local carbon tax market. These recommendations were made in the context of reducing emissions calculated in the FY2021 inventory, with a timeframe of 2023-2025.
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Sanlam’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Sanlam
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