Old Mutual Ltd

Common Name
Old Mutual
Country
South Africa
Sector
Financial Services
Industry
Financial Conglomerates
Employees
N/A
Ticker
OMU
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Old Mutual Ltd. is a diversified financial services company based in Cape Town, South Africa, with a legacy dating back to 1845. Specializing in life and health insurance, the firm provides a broad sp...

Old Mutual's Climate Target Data Preview

As of 2024, Old Mutual has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Old Mutual ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Old Mutual's Greenhouse Gas Emissions Pathways

As of 2024, Old Mutual has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.

Does Old Mutual have a target to reduce the emissions from its value chain?

As of 2024, Old Mutual has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Old Mutual's most ambitious value chain target is to reduce these emissions by 23.5% by 2030, compared to a baseline of 574,919.88 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Old Mutual has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Old Mutual's Value Chain (Scope 3) Emissions Pathway

2022202320300150 k300 k450 k600 kBaselineCurrent (-67%)Target 2030 (-23%)
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