Sampo has committed to set science-based climate targets

Sampo plc, the parent company of Sampo Group, has joined the Science Based Targets initiative (SBTi) in October 2023. The commitment means that Sampo will set group-level near-term (5–10 year) greenhouse gas (GHG) emission reduction targets aligned with the Paris Agreement’s goal to limit global warming to 1.5°C. The targets will cover Sampo’s own operations (Scope 1 and 2) and investments (Scope 3). Sampo’s targets will be submitted to the SBTi for validation in October 2025 at the latest.   

Sampo’s subsidiaries If, Topdanmark, and Hastings have joined the SBTi already earlier and are currently developing their company-specific climate targets. Sampo’s commitment to the SBTi completes the group-wide commitment to combatting climate change. 

The SBTi is a collaboration between CDP, the UN Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The initiative’s goal is to drive ambitious climate action in the private sector by enabling companies to set science-based emissions reduction targets.