Mandatum Oyj

Common Name
Mandatum
Country
Finland
Sector
Financial Services
Industry
Financial Conglomerates
Employees
655
Ticker
MANTA
Exchange
NASDAQ HELSINKI LTD
Description
Mandatum Oyj is a prominent Finnish financial services company specializing in life insurance and wealth management solutions. With a strong emphasis on providing customized asset management, pension ...

Mandatum's GHG Emissions Data Preview

In 2024, Mandatum completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Mandatum has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Mandatum’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Mandatum’s data sources below and access millions more through our Disclosure Search.

a. Mandatum's Annual Report 2024
a. Mandatum's Annual Report 2024

Insights into Mandatum's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Mandatum amounted to 332 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Mandatum's Scope 1 Emissions Over Time

202405101520tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Mandatum's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mandatum were 20 metric tons of CO₂ equivalent (tCO₂e). a

What are Mandatum's Scope 2 emissions?

In 2024, Mandatum reported Scope 2 greenhouse gas (GHG) emissions of 276 tCO₂e using the market-based method and 312 tCO₂e using the location-based method. a

What methodology does Mandatum use for Scope 2 reporting?

In 2024, Mandatum reported its Scope 2 emissions using the market-based method and using the location-based method. a

Mandatum's Scope 2 Emissions Over Time

2024080160240320tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mandatum's Value Chain Emissions

In 2024, Mandatum reported 6,090,711 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Mandatum includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Mandatum's Scope 3 Emissions Over Time

202402 M4 M6 M8 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Mandatum's Scope 3 emissions?

In 2024, Mandatum reported total Scope 3 emissions of 6,090,711 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.98% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Mandatum disclose?

In 2024, Mandatum reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Mandatum's Scope 3 emissions?

In 2024, the largest contributors to Mandatum's Scope 3 emissions were: a

  • Investments (Cat. 15): 6,089,555 tCO₂e (99.98%)
  • Purchased Goods and Services (Cat. 1): 448 tCO₂e (0.01%)
  • Employee Commuting (Cat. 7): 314 tCO₂e (0.01%)

Mandatum's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into Mandatum’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Mandatum reported Scope 1 greenhouse gas (GHG) emissions of 20 tCO₂e and total revenues of USD 1,471 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a

Mandatum's Scope 1 Emissions Intensity Compared to Peers

51005,000100,0005,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)MYSMMMMinmetals CapitalYear: 2023Scope 1: 32 tCO2eRevenue: $M 1,377Scope 1 Intensity: 0.02 tCO2e/$MGuosen SecuritiesYear: 2023Scope 1: 766 tCO2eRevenue: $M 2,381Scope 1 Intensity: 0.32 tCO2e/$MSampo OyjYear: 2024Scope 1: 883 tCO2eRevenue: $M 9,933Scope 1 Intensity: 0.09 tCO2e/$MYYYuexiu CapitalYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,078Scope 1 Intensity: 0.02 tCO2e/$MPiramal EnterprisesYear: 2025Scope 1: 92 tCO2eRevenue: $M 1,107Scope 1 Intensity: 0.08 tCO2e/$MVoya FinancialYear: 2023Scope 1: 1,359 tCO2eRevenue: $M 7,213Scope 1 Intensity: 0.19 tCO2e/$MSSSBI HoldingsYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 7,993Scope 1 Intensity: 0.13 tCO2e/$MBajaj FinservYear: 2025Scope 1: 8,966 tCO2eRevenue: $M 14,185Scope 1 Intensity: 0.63 tCO2e/$MOld MutualYear: 2024Scope 1: 3,737 tCO2eRevenue: $M 10,705Scope 1 Intensity: 0.35 tCO2e/$MYuanta Financial HoldingYear: 2024Scope 1: 1,125 tCO2eRevenue: $M 3,686Scope 1 Intensity: 0.31 tCO2e/$MStorebrand ASAYear: 2024Scope 1: 8 tCO2eRevenue: $M 8,000Scope 1 Intensity: 0.00 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 5,077Scope 1 Intensity: 0.01 tCO2e/$MAlandsbanken AbpYear: 2023Scope 1: 5 tCO2eRevenue: $M 224Scope 1 Intensity: 0.02 tCO2e/$MFirst Capital SecuritiesYear: 2023Scope 1: 177 tCO2eRevenue: $M 328Scope 1 Intensity: 0.54 tCO2e/$MFreedom HoldingYear: 2024Scope 1: 1,541 tCO2eRevenue: $M 1,635Scope 1 Intensity: 0.94 tCO2e/$MORIXYear: 2025Scope 1: 942,714 tCO2eRevenue: $M 12,198Scope 1 Intensity: 77.28 tCO2e/$MGrupo ElektraYear: 2023Scope 1: 30,211 tCO2eRevenue: $M 10,855Scope 1 Intensity: 2.78 tCO2e/$MOma SaastopankkiYear: 2023Scope 1: 38 tCO2eRevenue: $M 274Scope 1 Intensity: 0.14 tCO2e/$MMMMandatumYear: 2024Scope 1: 20 tCO2eRevenue: $M 1,471Scope 1 Intensity: 0.01 tCO2e/$M

How does Mandatum's GHG emissions intensity compare to its peers?

In 2024, Mandatum reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 0.16 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Mandatum rank on GHG emissions intensity within its industry?

In 2024, Mandatum ranked 3 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Mandatum among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Mandatum's Total Carbon Footprint

In 2024, Mandatum reported a total carbon footprint of 6,091,043 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. a

The largest contributor to Mandatum's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%. a

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