Sampo
Sampo Group, a prominent Finnish financial services company, is headquartered in Helsinki, Finland (FI). Established in 1909, Sampo has evolved into a key player in the Nordic insurance and banking sectors, with significant operations across Finland, Sweden, and the Baltic countries. The company primarily focuses on non-life insurance, life insurance, and asset management, offering a diverse range of products tailored to meet the needs of both individual and corporate clients. Sampo's commitment to innovation and customer-centric solutions has positioned it as a leader in the industry, with notable achievements including a strong market presence and a reputation for financial stability. Its unique approach to risk management and investment strategies sets Sampo apart, ensuring that it remains a trusted partner in the financial landscape.
DitchCarbon Score
How does Sampo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sampo's score of 56 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sampo's reported carbon emissions
In 2023, Sampo Group reported total carbon emissions of approximately 23,411,300 kg CO2e. This figure includes 1,059,800 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 3,585,300 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, heat, and steam. The majority of their emissions, about 18,766,300 kg CO2e, fall under Scope 3, which includes all other indirect emissions in the value chain. Sampo has set ambitious climate commitments, aiming to achieve carbon neutrality by 2030. This target encompasses all scopes of emissions, including those from company operations (Scope 1 and 2) and various activities such as air travel and waste management (Scope 3). Additionally, Sampo's portfolio targets cover 58% of its total investment and lending by total assets, aligning with the reductions necessary to limit global warming to 1.5°C. In comparison, Sampo's emissions in 2022 were approximately 21,542,600 kg CO2e, indicating a rise in emissions year-on-year. The company is actively working towards reducing its carbon footprint and has established a near-term target for 2029, consistent with the 1.5°C climate goal.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,515,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,886,600 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,925,100 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sampo is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
