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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 71% 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 ZA, reported its most recent Scope 1 emissions for 2025 as approximately 523,000 kg CO2e.
For 2024, Sanlam's reported emissions included Scope 1 at about 1,880,000 kg CO2e, Scope 2 (market-based) at approximately 29,218,000 kg CO2e, and Scope 3 emissions including business travel (around 8,910,000 kg CO2e), employee commute (approximately 10,515,000 kg CO2e), and fuel and energy-related activities (about 4,412,000 kg CO2e).
In 2023, Sanlam's total reported emissions were about 63,637,000 kg CO2e. This included approximately 3,169,000 kg CO2e for Scope 1, 32,334,000 kg CO2e for Scope 2, and 28,134,000 kg CO2e for Scope 3. Key Scope 3 categories included business travel (around 12,023,000 kg CO2e), employee commute (approximately 10,370,000 kg CO2e), and fuel and energy-related activities (about 5,060,000 kg CO2e).
Looking back, Sanlam's total emissions were approximately 59,410,000 kg CO2e in 2022, 51,586,000 kg CO2e in 2021, and 51,652,000 kg CO2e in 2020. The company's earliest available emissions data, from 2010, shows total reported emissions of about 58,166,830 kg CO2e.
Sanlam has set a near-term absolute reduction target of 10% for its Scope 1 and Scope 2 greenhouse gas emissions against 2019 values, aiming to achieve this by 2025. The company is also considering developing renewable energy measures or purchasing renewable energy certificates to reduce its Scope 2 emissions.
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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