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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.
+21 vs industry average
Sanlam’s score of 60 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Sanlam, an insurance and pension funding services company based in South Africa, reported Scope 1 emissions of 523,000 kg CO2e in 2025.
In 2024, Sanlam's reported emissions included Scope 1 at 1,880,000 kg CO2e, Scope 2 (market-based) at 29,218,000 kg CO2e, and various Scope 3 categories: business travel (8,910,000 kg CO2e), employee commute (10,515,000 kg CO2e), purchased goods and services (508,000 kg CO2e), waste generated in operations (203,000 kg CO2e), fuel and energy related activities (4,412,000 kg CO2e), and upstream transportation and distribution (329,000 kg CO2e).
For 2023, Sanlam's total emissions were approximately 63,637,000 kg CO2e. This included Scope 1 emissions of 3,169,000 kg CO2e (comprising 212,000 kg CO2e from mobile combustion, 130,000 kg CO2e from fugitive emissions, and 1,612,000 kg CO2e from stationary combustion), Scope 2 (location-based) emissions of 32,333,000 kg CO2e (with 32,255,000 kg CO2e from purchased electricity), and Scope 3 emissions of 28,134,000 kg CO2e (including 12,023,000 kg CO2e from business travel, 10,370,000 kg CO2e from employee commute, 251,000 kg CO2e from purchased goods and services, 176,000 kg CO2e from waste generated in operations, 5,060,000 kg CO2e from fuel and energy related activities, and 254,000 kg CO2e from upstream transportation and distribution).
In 2022, the company's total emissions were approximately 59,410,000 kg CO2e, with Scope 1 at 2,821,000 kg CO2e, Scope 2 (location-based) at 33,605,000 kg CO2e, and Scope 3 at 22,984,000 kg CO2e.
Sanlam has set a near-term target to reduce its Scope 1 and 2 GHG emissions by 10% against 2019 values, to be achieved by 2025. Additionally, the company is considering developing renewable energy measures or purchasing renewable energy certificates to offset its Scope 2 emissions, which could also help reduce its Scope 1 emissions.
Access structured emission data, company specific factors and auditable source documents
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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