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.
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.
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.
Coronation Fund Managers's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Coronation Fund Managers reported total carbon emissions of approximately 1,907,700 kg CO2e. This includes Scope 1 emissions of about 35,300 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 1,029,100 kg CO2e. Scope 3 emissions were significant, totalling around 843,300 kg CO2e, with business travel contributing about 583,300 kg CO2e and employee commuting accounting for approximately 255,200 kg CO2e. In 2023, the company recorded total emissions of about 1,698,000 kg CO2e, with Scope 1 emissions at approximately 110,500 kg CO2e, Scope 2 emissions at around 726,800 kg CO2e, and Scope 3 emissions reaching about 860,710 kg CO2e. Despite these figures, Coronation Fund Managers has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company does not inherit emissions data from any parent organization, indicating that all reported figures are independently sourced. Overall, while Coronation Fund Managers has made strides in measuring their carbon footprint, the lack of defined reduction initiatives highlights an area for potential growth in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 102,241 | 000,000 | 000,000 | 00,000 |
Scope 2 | 765,760,000 | 000,000 | 000,000 | 0,000,000 |
Scope 3 | 38,000,000,000 | 000,000 | 000,000 | 000,000 |
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 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.