- Increased frequency and severity of natural catastrophe claims (wildfires, hail, floods)
- Hardening reinsurance market and increasing cost of insurance
- Deteriorating operating environment in South Africa (failing infrastructure, loadshedding, economic constraints)
- Climate volatility increasing risk exposure of insured assets
Santam Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Santam Limited disclosed greenhouse gas emissions of 12.1K tCO2e (FY2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
12.1K tCO2e (FY2023)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 12.1K tCO2e (FY2023) |
| 2021 | 1.5K tCO2e (FY2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption by 10% compared to the previous five years (2015-2019)
- Reduced water consumption by 10% compared to the previous five years (2015-2019)
- Reduced waste to landfill by 10% compared to the previous five years (2015-2019)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop new products tailored to addressing climate impacts (0-3 years)
📅 Medium-term
- Develop a comprehensive climate change response plan
- Reach 30 districts with climate change adaptation plans through the Green Book by 2025
🌱 ESG Focus Areas
Climate Change