In 2025, Old Mutual 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).
Old Mutual has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,406a | 3,737a | 9,107a | |
Total Scope 2 | ||||
Market-Based | 43,046a | 55,718a | 60,208a | |
Location-Based | 49,758a | 61,890a | 64,127a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 3,062,207a | 3,790,211a | 2,004,804a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.2059a | 0.4701a | 1.2207a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Old Mutual amounted to 53,164 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
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Old Mutual decreased by 18.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Old Mutual were 3,406 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Old Mutual's Scope 1 emissions have increased by 59.01%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Old Mutual's Scope 1 emissions decreased by 8.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Old Mutual reported Scope 2 greenhouse gas (GHG) emissions of 43,046 tCO₂e using the market-based method and 49,758 tCO₂e using the location-based method.a
Since 2019, Old Mutual's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 37.28%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), Old Mutual's Scope 2 emissions (Location-Based) fell by 19.6% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, Old Mutual reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Old Mutual reported 3,062,207 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 2025 disclosure of Old Mutual includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Old Mutual reported total Scope 3 emissions of 3,062,207 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.2% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Old Mutual's Scope 3 emissions have increased by 1,532.77%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Old Mutual's Scope 3 emissions decreased by 19.21%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, Old Mutual reported emissions for 6 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.
In 2025, the largest contributors to Old Mutual's Scope 3 emissions were:a
In 2025, Old Mutual reported Scope 1 greenhouse gas (GHG) emissions of 3,406 tCO₂e and total revenues of USD 16,542 millions. This translates into an emissions intensity of 0.21 tCO₂e per millions USD.a
In 2025, Old Mutual reported a Scope 1 emissions intensity of 0.21 tCO₂e per millions USD. Compared to the peer group median of 0.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Old Mutual ranked 13 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Old Mutual is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Old Mutual reported a total carbon footprint of 3,115,371 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.2% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Old Mutual's total carbon footprint was Scope 3 emissions, accounting for 98.29% of the company's total carbon footprint, followed by Scope 2 emissions at 1.6%.a