Santam Ltd Sustainability Profile
Santam Ltd, headquartered in South Africa (ZA), is a leading player in the insurance industry, renowned for its comprehensive range of insurance solutions. Founded in 1918, Santam has established itself as a trusted provider, serving both personal and commercial clients across various regions, including Southern Africa and beyond. The company offers a diverse portfolio of products, including short-term insurance, risk management, and specialised insurance services, setting itself apart with tailored solutions that meet the unique needs of its customers. Santam's commitment to innovation and customer service has earned it a prominent market position, making it one of the largest insurers in South Africa. With a strong focus on sustainability and community engagement, Santam continues to achieve notable milestones, reinforcing its reputation as a reliable partner in the insurance landscape.
DitchCarbon Score
How does Santam Ltd'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
Santam Ltd's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Santam Ltd, headquartered in South Africa (ZA), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Sanlam Limited, which may influence its climate-related strategies and commitments. However, no specific reduction targets or climate pledges have been documented for Santam Ltd. As a part of the insurance industry, Santam Ltd is expected to align with broader climate initiatives and may inherit sustainability practices from its parent company, Sanlam Limited. This relationship could potentially provide a framework for future emissions reporting and climate commitments, although specific details are not available at this time. In summary, while Santam Ltd has not disclosed its carbon emissions or reduction targets, its affiliation with Sanlam Limited suggests a potential for future climate action aligned with industry standards.
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| 2010 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 30,000 | 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 |
| 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 |
How Carbon Intensive is Santam Ltd's Industry?
How Carbon Intensive is Santam Ltd's Location?
Santam Ltd's Scope 3 Categories Breakdown
Santam Ltd'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
Santam Ltd'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.
Santam Ltd 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.
