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Public Profile
Financial Intermediation
ZA
updated a month ago

Remgro Sustainability Profile

Company website

Remgro Limited, headquartered in South Africa (ZA), is a prominent investment holding company with a diverse portfolio spanning various industries, including healthcare, financial services, and consumer products. Founded in 1968, Remgro has established itself as a key player in the South African market, with significant operations across the region. The company is renowned for its strategic investments in leading firms, such as Mediclinic International and RCL Foods, which exemplify its commitment to quality and innovation. Remgro's unique approach to investment focuses on long-term value creation, enabling it to maintain a strong market position and achieve notable milestones over the years. With a reputation for excellence and a robust financial foundation, Remgro continues to drive growth and contribute to the South African economy.

DitchCarbon Score

How does Remgro'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.

22

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.

32

Industry Benchmark

Remgro's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Remgro's reported carbon emissions

In 2022, Remgro reported total carbon emissions of approximately 1,508,000 kg CO2e for Scope 1, 2,178,000 kg CO2e for Scope 2, and 793,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2021, Remgro's emissions were about 1,438,000 kg CO2e for Scope 1, 1,971,000 kg CO2e for Scope 2, and 289,000 kg CO2e for Scope 3. The figures indicate a notable increase in emissions across all scopes from 2021 to 2022, particularly in Scope 2 emissions. Looking back further, in 2020, the company reported emissions of approximately 373,971,000 kg CO2e for Scope 1, 447,206,000 kg CO2e for Scope 2, and 196,610,000 kg CO2e for Scope 3. This trend shows a significant rise in emissions over the years, particularly in Scope 1 and Scope 2. Despite these figures, Remgro has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any climate pledges. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint. All emissions data is sourced directly from Remgro Limited, with no cascaded data from parent or related organizations. The company continues to navigate its climate responsibilities within the context of its operational footprint in South Africa (ZA).

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Access structured emissions data, company-specific emission factors, and source documents

20182019202020212022
Scope 1
375,793,000
000,000,000
000,000,000
0,000,000
0,000,000
Scope 2
387,326,000
000,000,000
000,000,000
0,000,000
0,000,000
Scope 3
228,353,000
000,000,000
000,000,000
000,000
000,000

How Carbon Intensive is Remgro's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Remgro's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Remgro's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Remgro is in ZA, which has a very high grid carbon intensity relative to other regions.

Remgro'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.

Remgro 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Remgro's Emissions with Industry Peers

Old Mutual

ZA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Sanlam

ZA
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 8 days ago

Discovery Education, Inc.

US
•
Education services (80)
Updated 2 days ago

Naspers

ZA
•
Computer and related services (72)
Updated about 15 hours ago

Vodacom

ZA
•
Post and telecommunication services (64)
Updated 5 days ago

Standard Bank

ZA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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