Momentum Group Limited
Momentum Group Limited, headquartered in South Africa (ZA), is a prominent player in the financial services industry, specialising in insurance, investment, and asset management solutions. Founded in 1998, the company has achieved significant milestones, establishing a strong presence across various operational regions in Southern Africa. The firm is renowned for its innovative products, including life insurance, retirement planning, and wealth management services, which are tailored to meet the diverse needs of its clients. Momentum Group Limited distinguishes itself through its commitment to customer-centric solutions and robust financial performance. With a solid market position, the company has garnered numerous accolades for its service excellence and has consistently been recognised for its contributions to the financial sector. Momentum Group Limited continues to evolve, adapting to market trends while maintaining its focus on delivering value to its stakeholders.
DitchCarbon Score
How does Momentum Group 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
Momentum Group Limited's score of 39 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Momentum Group Limited's reported carbon emissions
In 2023, Momentum Group Limited reported total carbon emissions of approximately 63,780,000 kg CO2e. This figure includes Scope 1 emissions of about 4,396,000 kg CO2e, Scope 2 emissions of approximately 35,366,000 kg CO2e, and Scope 3 emissions totalling around 24,018,000 kg CO2e. Notably, the Scope 3 emissions were significantly influenced by business travel, which accounted for about 8,768,000 kg CO2e. In 2022, the company recorded total emissions of about 55,518,000 kg CO2e, with Scope 1 emissions at approximately 3,568,000 kg CO2e, Scope 2 emissions at around 40,437,000 kg CO2e, and Scope 3 emissions reaching about 11,513,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. Momentum Group has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they continue to monitor and report their emissions across all relevant scopes, demonstrating a commitment to transparency in their climate impact. The absence of defined reduction targets suggests that the company may still be in the process of developing a comprehensive climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,136,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 50,802,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 |
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.
Momentum Group Limited 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.
