Alexander Forbes Group Holdings Limited
Alexander Forbes Group Holdings Limited, commonly known as Alexander Forbes, is a prominent financial services provider headquartered in South Africa (ZA). Established in 1931, the company has evolved into a leader in the employee benefits, investment, and insurance sectors, serving clients across Southern Africa and beyond. With a strong focus on retirement fund administration, risk management, and investment consulting, Alexander Forbes distinguishes itself through its comprehensive solutions tailored to meet the diverse needs of individuals and businesses. The firm has achieved significant milestones, including a robust market presence and a reputation for delivering innovative financial strategies. Recognised for its commitment to client service and expertise, Alexander Forbes continues to solidify its position as a trusted partner in the financial services industry, helping clients navigate the complexities of wealth management and employee benefits.
DitchCarbon Score
How does Alexander Forbes Group Holdings Limited'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 Financial Intermediation 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
Alexander Forbes Group Holdings Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alexander Forbes Group Holdings Limited's reported carbon emissions
In 2023, Alexander Forbes Group Holdings Limited reported total carbon emissions of approximately 2,251,000 kg CO2e. This figure includes 107,700 kg CO2e from Scope 1 emissions, which pertain to direct emissions from owned or controlled sources. The company has not disclosed any Scope 2 or Scope 3 emissions data. Comparatively, in 2022, the organisation's Scope 1 emissions were about 43,000 kg CO2e, indicating a significant increase in direct emissions year-on-year. The total emissions for Scope 1 and 2 combined remained constant at 7,342,800 kg CO2e, suggesting that the increase in Scope 1 emissions did not affect the overall total for Scope 1 and 2. Despite these figures, Alexander Forbes has not set any specific reduction targets or initiatives as part of their climate commitments. There are no reported climate pledges or SBTi (Science Based Targets initiative) targets, indicating a potential area for future development in their sustainability strategy. The emissions data is not cascaded from any parent organisation, and all reported figures are directly from Alexander Forbes Group Holdings Limited. The company operates within the financial services sector in South Africa (ZA), where climate commitments are increasingly becoming a focus for stakeholders.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 43,000 | 000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
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.
Alexander Forbes Group Holdings Limited is not participating in any 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.
