In 2025, Sanlam 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).
Sanlam 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 | 1,523a | 1,880.2b | 3,169.36b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 28,426a | 29,218.14b | 32,333.62b | |
Total Scope 3 | 32,925a | 24,631a | 28,134a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0902a | 0.222b | 0.4121b |
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In 2025, the total operational greenhouse gas (GHG) emissions of Sanlam amounted to 29,949 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 Sanlam decreased by 3.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2025, the total Scope 1 emissions of Sanlam were 1,523 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sanlam's Scope 1 emissions have decreased by 36.3%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Sanlam's Scope 1 emissions decreased by 19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2025, Sanlam reported Scope 2 greenhouse gas (GHG) emissions of 28,426 tCO₂e without specifying the calculation method.a
Since 2019, Sanlam's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 31.26%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), Sanlam's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sanlam's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2025, Sanlam reported its Scope 2 emissions using an unspecified methodology.a
In 2025, Sanlam reported 32,925 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 Sanlam 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, Sanlam reported total Scope 3 emissions of 32,925 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Sanlam's Scope 3 emissions have decreased by 19.86%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Sanlam's Scope 3 emissions increased by 33.67%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2025, Sanlam 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 Sanlam's Scope 3 emissions were:a
In 2025, Sanlam reported Scope 1 greenhouse gas (GHG) emissions of 1,523 tCO₂e and total revenues of USD 16,885 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD.a
In 2025, Sanlam reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Sanlam ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sanlam among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2025, Sanlam reported a total carbon footprint of 62,874 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.82% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Sanlam's total carbon footprint was Scope 3 emissions, accounting for 52.37% of the company's total carbon footprint, followed by Scope 2 emissions at 45.21%.a