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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.
60
DitchCarbon score
+21 vs industry average
Sanlam’s score of 60 is higher than 71% 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
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Sanlam's reported carbon emissions
Sanlam, an insurance and pension funding services provider headquartered in ZA, reported approximately 47.7 million kg CO2e in Scope 1 emissions for 2025.
In 2024, Sanlam's total reported emissions were not available, but their individual scope emissions included approximately 1.9 million kg CO2e for Scope 1, approximately 29.2 million kg CO2e for Scope 2 (market-based and location-based), and approximately 33.9 million kg CO2e for Scope 3. Key Scope 3 categories in 2024 were employee commute (approximately 10.5 million kg CO2e) and business travel (approximately 8.9 million kg CO2e).
For 2023, Sanlam's total emissions were approximately 63.6 million kg CO2e. This included Scope 1 emissions of approximately 3.2 million kg CO2e, Scope 2 emissions of approximately 32.3 million kg CO2e, and Scope 3 emissions of approximately 28.1 million kg CO2e.
Looking at commitments, Sanlam has set a near-term target to reduce its Scope 1 and Scope 2 GHG emissions by 10% against 2019 values, to be achieved by 2025. Additionally, Sanlam is considering developing renewable energy measures or purchasing renewable energy certificates to reduce its Scope 2 emissions, with potential benefits for Scope 1 emissions, as recommended for their 2021 inventory.
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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
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sanlam24 days ago
60
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