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 78% 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 Scope 1 emissions of about 1,059,800 kg CO2e, primarily from stationary combustion (696,000 kg CO2e) and mobile combustion (348,100 kg CO2e). Scope 2 emissions totalled around 3,585,300 kg CO2e, with the majority coming from purchased electricity (3,345,600 kg CO2e). The most significant contributor to Sampo's carbon footprint is Scope 3 emissions, which accounted for approximately 18,766,300 kg CO2e, largely driven by business travel (6,306,400 kg CO2e) and employee commuting (6,842,400 kg CO2e). 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 Scope 3 activities such as air travel and waste management. Additionally, Sampo's portfolio targets cover 58% of its total investment and lending by total assets, aligning with the necessary reductions to limit global warming to 1.5°C. The company has established near-term targets classified under the 1.5°C framework, with a focus on reducing emissions from its operations. Sampo's commitment to sustainability is further evidenced by its ongoing efforts to monitor and report emissions transparently, ensuring accountability in its climate initiatives.
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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.
