In 2024, Santam 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).
However, Santam has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Santam amounted to 7,468 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 Santam decreased by 5.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Santam were 1,601 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Santam's Scope 1 emissions have increased by 2,093.15%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Santam's Scope 1 emissions decreased by 1.96%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Santam reported Scope 2 greenhouse gas (GHG) emissions of 5,867 tCO₂e without specifying the calculation method. a
Since 2018, Santam's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 15.82%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Santam's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Santam 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Santam reported its Scope 2 emissions using an unspecified methodology. a
In 2024, Santam reported 6,950 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 Santam includes a breakdown across 0 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
In 2024, Santam reported total Scope 3 emissions of 6,950 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Santam's Scope 3 emissions have decreased by 42.4%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Santam's Scope 3 emissions increased by 21.82%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Santam reported Scope 1 greenhouse gas (GHG) emissions of 1,601 tCO₂e and total revenues of USD 2,658 millions. This translates into an emissions intensity of 0.6 tCO₂e per millions USD. a
In 2024, Santam reported a Scope 1 emissions intensity of 0.6 tCO₂e per millions USD. Compared to the peer group median of 0.16 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Santam ranked 18 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Santam among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Santam reported a total carbon footprint of 14,418 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.12% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Santam's total carbon footprint was Scope 3 emissions, accounting for 48.2% of the company's total carbon footprint, followed by Scope 2 emissions at 40.69%. a