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.
-2 vs industry average
Sanlam’s score of 35 is lower than 48% 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 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sanlam's reported carbon emissions
Sanlam, a South African financial services provider in the insurance and pension funding sector, reported approximately 63.6 million kg CO2e in total emissions for the 2023 reporting year. This figure encompasses Scope 1 emissions totalling around 3.17 million kg CO2e, Scope 2 emissions of approximately 32.33 million kg CO2e, and Scope 3 emissions amounting to roughly 28.13 million kg CO2e.
For the 2025 reporting year, Sanlam's total emissions were approximately 62.88 million kg CO2e, with Scope 1 emissions reported at about 1.52 million kg CO2e. The previous year, 2024, saw total emissions of approximately 55.73 million kg CO2e, with Scope 1 at around 1.88 million kg CO2e.
In terms of climate commitments, Sanlam has outlined recommendations for emissions reduction in its FY2021 inventory. These include developing renewable energy measures or purchasing renewable energy certificates to offset Scope 2 emissions, with a timeframe aiming for completion between 2023 and 2025. Sanlam's reported emissions data is not cascaded from a parent organisation, with its CDP reporting originating from Sanlam Limited at the same cascade level.
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Sanlam’s Climate Goals (2030 & 2050)
2 goals2025
To reduce emissions calculated in the FY2021 inventory, it i…
To reduce emissions calculated in the FY2021 inventory, it is recommended that Sanlam considers: Developing renewable energy measures or pur…
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.
See all 2 climate goals
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 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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