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Own Operations

Sampo Group measures the environmental impact of its own operations by calculating GHG emissions. Emissions reduction targets are set on subsidiary level, in order to acknowledge the characteristics of each individual company and its ability to set targets. Hastings, for example, is a CarbonNeutral® company and Topdanmark has set a goal to be carbon neutral by 2030. If has signed the Science-Based Targets initiative (SBTi) and committed to set science-based targets in accordance with the Paris Agreement to limit global warming to 1.5°C. The work to identify and set targets has already begun at If.

If, Hastings, Mandatum, and Sampo plc offset the emissions caused by their own operations through certified offsetting projects. All carbon offset projects contribute significantly also to the United Nations Sustainable Development Goals (UN SDGs).

GHG Emissions by Scope, Sampo Group

tCO2e 2020* 2019*
Scope 1 – Direct GHG emissions 1,515.0 1,534.1
Scope 2 – Indirect GHG emissions 2,886.6 2,929.0
Scope 3 – Other indirect GHG emissions 6,925.1 11,950.1
Scope 1-3 GHG emissions, total 11,326.8 16,413.2
GHG emissions per employee 1.26 1.86

* Excluding Hastings

GHG Emissions by Company, Sampo Group

tCO2e 2020 2019
If 4,210.4 8,395.0
Topdanmark 6,022.7 7,082.3
Hastings - -
Mandatum 976.6 571.1
Sampo plc 117.2 364.8
Sampo Group, total 11,326.8 16,413.2

 

Source of GHG Emissions, Sampo Group

% 2020* 2019*
Business travel 31.4 57.8
Electricity 18.8 12.5
IT and cloud services 14.5 6.5
Stationary and mobile combustion 13.4 9.4
Fuel and energy related activities 11.4 7.5
Heating and cooling 6.7 5.3
Other 3.7 1.0

* Excluding Hastings

More information is available in the Group companies’ sustainability reports.

Updated 3 Jan 2022