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 29 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Coronation Fund Managers reported total carbon emissions of approximately 1,782,600 kg CO2e. This figure includes 116,300 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 585,300 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. The company also reported significant Scope 3 emissions, totalling about 1,081,100 kg CO2e, which include emissions from business travel and employee commuting. In 2022, Coronation's total emissions were approximately 1,698,000 kg CO2e, indicating a slight increase in emissions year-on-year. The breakdown for 2022 included 110,000 kg CO2e from Scope 1, 727,000 kg CO2e from Scope 2, and 861,000 kg CO2e from Scope 3 emissions. Despite these figures, Coronation Fund Managers has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its carbon footprint, with emissions per employee reported at approximately 3,810 kg CO2e in 2023 and 3,700 kg CO2e in 2022. Overall, while Coronation Fund Managers has made strides in tracking its emissions, further commitments and reduction strategies may be necessary to align with industry standards and climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 102,241 | 000,000 | 000,000 |
Scope 2 | 765,760,000 | 000,000 | 000,000 |
Scope 3 | 38,000,000,000 | 000,000 | 0,000,000 |
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 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.