Sanlam Limited, a leading financial services group headquartered in South Africa (ZA), has been a cornerstone of the industry since its founding in 1918. With a strong presence across Africa and select international markets, Sanlam operates primarily in the insurance, investment, and wealth management sectors.
The company offers a diverse range of products, including life insurance, asset management, and retirement solutions, distinguished by their customer-centric approach and innovative offerings. Sanlam's commitment to financial inclusion and sustainability has positioned it as a market leader, recognised for its robust financial performance and strategic partnerships.
Over the years, Sanlam has achieved significant milestones, solidifying its reputation as a trusted provider of financial services, making it a preferred choice for individuals and businesses alike.
-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.
Part of the Sustainability team at Sanlam?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
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, headquartered in South Africa (ZA), reported total emissions of approximately 55.73 billion kg CO2e for the fiscal year 2024, a decrease from approximately 63.64 billion kg CO2e in 2023. In 2023, Scope 1 emissions were about 3.17 million kg CO2e, Scope 2 emissions approximately 32.33 million kg CO2e, and Scope 3 emissions around 28.13 million kg CO2e. For the fiscal year 2025, Sanlam has projected total emissions of about 62.88 billion kg CO2e, with Scope 1 emissions estimated at approximately 1.52 million kg CO2e. Sanlam's climate commitments include recommendations made in its 2021 Carbon Footprint report. For the period between 2023 and 2025, Sanlam is advised to consider developing renewable energy measures or purchasing renewable energy certificates to offset its Scope 2 emissions. These initiatives aim to decrease the group's energy-related emissions. The company is also exploring the potential sale of carbon credits from its owned renewable energy facilities into the local carbon tax market. Sanlam's emissions data is not cascaded from a parent organisation.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
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
Already have an account? Sign in now
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
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
View similar organisations
Sanlam
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project