Public Profile

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.

14

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.

26

Industry Benchmark

Alexander Forbes Group Holdings Limited's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

1%

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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 7,440,500 kg CO2e. This figure includes 107,700 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 7,342,800 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. Additionally, there are no reported commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In terms of emissions intensity, Alexander Forbes has reported emissions of about 2,800 kg CO2e per full-time equivalent employee and approximately 140 kg CO2e per square metre of general letting area. The emissions per unit of economic output stand at about 0.00004 kg CO2e per Rand of revenue. As a company headquartered in South Africa (ZA), Alexander Forbes is positioned within an industry increasingly focused on sustainability and climate responsibility, yet it currently lacks defined strategies for significant emissions reductions.

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2023
Scope 1
107,700
Scope 2
7,342,800
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Alexander Forbes Group Holdings Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Alexander Forbes Group Holdings Limited is in ZA, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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