Momentum Group Limited
Momentum Group Limited, a prominent player in the South African market, is headquartered in Johannesburg and operates extensively across the Southern African region. Founded in 1998, the company has established itself within the financial services industry, focusing on employee benefits, insurance, and investment solutions. With a commitment to innovation, Momentum Group offers a range of unique products and services designed to enhance financial security and well-being. Their comprehensive approach to risk management and investment strategies sets them apart in a competitive landscape. Recognised for their customer-centric philosophy, Momentum Group Limited has achieved significant milestones, including numerous industry awards that underscore their market position. As a trusted partner in financial planning, they continue to lead the way in delivering tailored solutions that meet the evolving needs of their clients.
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 25 is higher than 51% 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 43.96 million tonnes CO2e. This figure includes 4.4 million tonnes CO2e from Scope 1 emissions, 35.37 million tonnes CO2e from Scope 2 emissions, and 24.02 million tonnes CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown reveals significant contributions from business travel (about 17.54 million tonnes CO2e) and fuel and energy-related activities (approximately 28.93 million tonnes CO2e). Comparatively, in 2022, the company recorded total emissions of around 40.44 million tonnes CO2e, with Scope 1 emissions at 3.57 million tonnes CO2e and Scope 2 emissions at 40.44 million tonnes CO2e. This indicates an increase in emissions from 2022 to 2023. Momentum Group has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The company continues to monitor its emissions and may engage in future sustainability efforts to address its carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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.
