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Public Profile
Financial Intermediation
ZA
updated a day ago

Remgro

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.

39

Industry Benchmark

Remgro's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Remgro's reported carbon emissions

In 2022, Remgro reported total carbon emissions of approximately 1,500,000 kg CO2e for Scope 1, about 2,178,000 kg CO2e for Scope 2, and around 793,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2021, the company recorded emissions of about 1,438,000 kg CO2e for Scope 1, approximately 1,971,000 kg CO2e for Scope 2, and around 289,000 kg CO2e for Scope 3. This indicates a slight increase in Scope 1 and Scope 2 emissions, while Scope 3 emissions saw a significant rise. Looking back further, in 2020, Remgro's emissions were significantly higher, with Scope 1 at approximately 373,971,000 kg CO2e, Scope 2 at about 447,206,000 kg CO2e, and Scope 3 at around 196,610,000 kg CO2e. This trend suggests a focus on reducing emissions over the years, although specific reduction targets or initiatives have not been disclosed. Remgro has not set any Science-Based Targets Initiative (SBTi) reduction targets or specific climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent company, and all figures are reported directly from Remgro Limited. Overall, while Remgro has made strides in emissions reporting, the absence of formal reduction targets highlights an opportunity for enhanced climate action in alignment with global sustainability goals.

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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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Remgro's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

Remgro 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.

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

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