In 2023, SLM 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) and Scope 2 (indirect emissions from purchased energy).
However, SLM has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 157a | 298b |
Total Scope 2 | ||
Market-Based | 977a | 3,230b |
Location-Based | N/A | N/A |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0868a | 0.1634b |
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In 2023, the total operational greenhouse gas (GHG) emissions of SLM amounted to 1,134 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 2022, the total operational greenhouse gas (GHG) emissions of SLM decreased by 67.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2023, the total Scope 1 emissions of SLM were 157 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), SLM's Scope 1 emissions decreased by 47.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2023, SLM reported Scope 2 greenhouse gas (GHG) emissions of 977 tCO₂e using the market-based method.a
Compared to the previous year (2022), SLM's Scope 2 emissions (Market-Based) fell by 69.75% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2023, SLM reported its Scope 2 emissions using the market-based method.a
In 2023, SLM reported Scope 1 greenhouse gas (GHG) emissions of 157 tCO₂e and total revenues of USD 1,809 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD.a
In 2023, SLM reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 0.28, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, SLM ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places SLM among the top performers, with one of the lowest emissions intensities relative to peers.a