Momentum Metropolitan Holdings Sustainability Profile
Momentum Metropolitan Holdings, a prominent player in the financial services sector, is headquartered in South Africa (ZA) and operates extensively across the African continent. Founded in 2010 through the merger of Momentum Group and Metropolitan Holdings, the company has established itself as a leader in insurance, investment, and health solutions. With a diverse portfolio that includes life insurance, asset management, and employee benefits, Momentum Metropolitan Holdings distinguishes itself through innovative products tailored to meet the unique needs of its clients. The company is committed to enhancing financial wellness and has achieved significant milestones, including recognition for its customer-centric approach and sustainable practices. As a key player in the industry, Momentum Metropolitan Holdings continues to strengthen its market position, driven by a focus on delivering value and fostering long-term relationships with its customers.
DitchCarbon Score
How does Momentum Metropolitan Holdings'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 Metropolitan Holdings's score of 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Momentum Metropolitan Holdings's reported carbon emissions
In 2023, Momentum Metropolitan Holdings reported total carbon emissions of approximately 55.5 million kg CO2e. This figure includes Scope 1 emissions of about 3.6 million kg CO2e, Scope 2 emissions of approximately 40.4 million kg CO2e, and Scope 3 emissions of about 11.5 million kg CO2e. The company has set ambitious climate commitments, aiming for a 25% reduction in combined Scope 1 and 2 emissions by 2030, using a 2014 baseline. Additionally, Momentum Metropolitan is targeting net zero emissions for both Scope 1 and Scope 2 by 2025. The emissions data is sourced from Momentum Group Limited, with no cascaded data from a parent organization. The company has demonstrated a commitment to sustainability through its reduction initiatives and transparency in reporting, aligning with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,119,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 41,906,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 8,643,000 | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is Momentum Metropolitan Holdings's Industry?
How Carbon Intensive is Momentum Metropolitan Holdings's Location?
Momentum Metropolitan Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Momentum Metropolitan Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
