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.
-3 vs industry average
Sanlam’s score of 34 is lower than 47% 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 insurance and pension funding services provider, reported a total of approximately 62.9 million kg CO2e in 2025. This figure comprises Scope 1 emissions of about 1.5 million kg CO2e. In 2024, Sanlam's total emissions were approximately 55.7 million kg CO2e, with Scope 1 emissions accounting for around 1.9 million kg CO2e. For the 2023 reporting year, Sanlam disclosed a total of approximately 63.6 million kg CO2e. This included Scope 1 emissions of about 3.2 million kg CO2e, Scope 2 emissions of approximately 32.3 million kg CO2e (primarily from purchased electricity), and Scope 3 emissions totalling around 28.1 million kg CO2e. Significant contributors to their Scope 3 emissions in 2023 were business travel (approximately 12.0 million kg CO2e) and employee commute (approximately 10.4 million kg CO2e). In 2022, Sanlam reported total emissions of approximately 59.4 million kg CO2e, with Scope 1 emissions at about 2.8 million kg CO2e and Scope 2 emissions at roughly 33.6 million kg CO2e. Their Scope 3 emissions for the same year were approximately 23.0 million kg CO2e, with employee commute being a significant factor at around 10.2 million kg CO2e. Sanlam's climate commitments include recommendations from their 2021 inventory to develop renewable energy measures or purchase renewable energy certificates to offset Scope 2 emissions, with a target timeframe of 2023-2025. This initiative aims to decrease the group's energy emissions.
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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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Sanlam
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