Old Mutual Ltd
Old Mutual's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Old Mutual’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 Old Mutual’s data sources below and access millions more through our Disclosure Search.
Insights into Old Mutual's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Old Mutual amounted to 59,455 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 2023, the total operational greenhouse gas (GHG) emissions of Old Mutual decreased by 20.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
Old Mutual's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Old Mutual's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Old Mutual were 3,737 metric tons of CO₂ equivalent (tCO₂e). a
Has Old Mutual reduced its Scope 1 emissions over time?
Since 2019, Old Mutual's Scope 1 emissions have increased by 74.46%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Old Mutual's Scope 1 emissions decreased by 58.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Old Mutual's Scope 2 emissions?
In 2024, Old Mutual reported Scope 2 greenhouse gas (GHG) emissions of 55,718 tCO₂e using the market-based method. a
Has Old Mutual reduced its Scope 2 emissions over time?
Since 2019, Old Mutual's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 29.76%, reflecting a declining long-term trend in Scope 2 emissions over time. a
What methodology does Old Mutual use for Scope 2 reporting?
In 2024, Old Mutual reported its Scope 2 emissions using the market-based method. a
Old Mutual's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Old Mutual's Value Chain Emissions
In 2024, Old Mutual reported 476,904 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 Old Mutual includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Old Mutual's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Old Mutual's Scope 3 emissions?
In 2024, Old Mutual reported total Scope 3 emissions of 476,904 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 6.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.52% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Old Mutual reduced its Scope 3 emissions over time?
Since 2019, Old Mutual's Scope 3 emissions have increased by 154.29%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Old Mutual's Scope 3 emissions decreased by 22.78%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Old Mutual disclose?
In 2024, 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.
What are the main sources of Old Mutual's Scope 3 emissions?
In 2024, the largest contributors to Old Mutual's Scope 3 emissions were: a
- Investments (Cat. 15): 326,860 tCO₂e (68.54%)
- Downstream Leased Assets (Cat. 13): 119,140 tCO₂e (24.98%)
- Fuel- and Energy-Related Services (Cat. 3): 15,583 tCO₂e (3.27%)
Old Mutual's Scope 3 Emissions by Categories
Insights into Old Mutual’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Old Mutual reported Scope 1 greenhouse gas (GHG) emissions of 3,737 tCO₂e and total revenues of USD 10,705 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a
Old Mutual's Scope 1 Emissions Intensity Compared to Peers
How does Old Mutual's GHG emissions intensity compare to its peers?
In 2024, Old Mutual reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 0.5 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Old Mutual rank on GHG emissions intensity within its industry?
In 2024, Old Mutual ranked 11 out of 22 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
Insights into Old Mutual's Total Carbon Footprint
In 2024, Old Mutual reported a total carbon footprint of 536,359 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.52% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Old Mutual's total carbon footprint was Scope 3 emissions, accounting for 88.92% of the company's total carbon footprint, followed by Scope 2 emissions at 10.39%. a