Momentum Metropolitan Holdings
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 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Momentum Metropolitan Holdings's reported carbon emissions
In 2023, Momentum Metropolitan Holdings reported total carbon emissions of approximately 55,518,000 kg CO2e. This figure includes Scope 1 emissions of about 3,568,000 kg CO2e, Scope 2 emissions of approximately 40,437,000 kg CO2e, and Scope 3 emissions of around 11,513,000 kg CO2e. The previous year, 2022, saw total emissions of about 51,955,000 kg CO2e, indicating a slight increase in emissions year-on-year. Momentum Metropolitan has set ambitious climate commitments, aiming for a 25% reduction in combined Scope 1 and 2 emissions by 2030, using a 2014 baseline. Additionally, the company has pledged to achieve net-zero emissions for both Scope 1 and Scope 2 by 2025. These targets reflect a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The emissions data is sourced directly from Momentum Group Limited, with no cascaded data from parent or related organizations. The company is committed to transparency in its environmental impact and has disclosed emissions across all relevant scopes.
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| 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 |
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 Metropolitan Holdings 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.
