Coronation Fund Managers
Coronation Fund Managers, a prominent investment management firm headquartered in South Africa (ZA), has been a key player in the financial services industry since its establishment in 1993. With a strong presence in both local and international markets, Coronation focuses on asset management, offering a diverse range of investment solutions tailored to meet the needs of individual and institutional clients. The firm is renowned for its commitment to active management and rigorous research, providing unique products such as equity, fixed income, and multi-asset funds. Over the years, Coronation has achieved significant milestones, including recognition for its performance and innovation in investment strategies. As a trusted name in the industry, Coronation Fund Managers continues to uphold its reputation for excellence and integrity in managing client assets.
DitchCarbon Score
How does Coronation Fund Managers'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
Coronation Fund Managers's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coronation Fund Managers's reported carbon emissions
In 2023, Coronation Fund Managers reported total carbon emissions of approximately 1,698,000 kg CO2e. This figure includes Scope 1 emissions of about 110,500 kg CO2e, primarily from stationary combustion and fugitive emissions, Scope 2 emissions of approximately 726,800 kg CO2e from purchased electricity, and Scope 3 emissions of around 860,710 kg CO2e, which encompass business travel, employee commuting, and other categories. The company has shown a significant increase in emissions compared to previous years, with total emissions in 2021 recorded at about 1,021 kg CO2e. This included Scope 1 emissions of approximately 102,241 kg CO2e, Scope 2 emissions of about 765,760,000 kg CO2e, and a substantial Scope 3 total of around 38,000,000,000 kg CO2e. Despite these figures, Coronation Fund Managers has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. Their climate commitments remain vague, with no documented reduction initiatives or pledges to align with science-based targets. As a result, the company is currently positioned within an industry context that increasingly prioritises sustainability and carbon neutrality.
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| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 102,241 | 000,000 | 00,000 |
| Scope 2 | 765,760,000 | 000,000 | 0,000,000 |
| Scope 3 | 38,000,000,000 | 000,000 | 000,000 |
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.
Coronation Fund Managers is not committed to any reduction initiatives 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.
