Remgro Sustainability Profile
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.
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
Remgro's score of 22 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 emissions. 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 (Scope 1), 1,971,000 kg CO2e (Scope 2), and 289,000 kg CO2e (Scope 3). Notably, the company has shown a significant increase in Scope 2 emissions, indicating a potential rise in energy consumption or changes in energy sourcing. Over the years, Remgro's emissions have fluctuated, with 2020 figures showing much higher emissions: 373,971,000 kg CO2e (Scope 1), 447,206,000 kg CO2e (Scope 2), and 196,610,000 kg CO2e (Scope 3). This suggests a trend towards increased emissions in recent years, particularly in Scope 1 and 2 categories. Despite these figures, Remgro has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of SBTi reduction targets or documented climate pledges. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of Remgro's operations. Overall, while Remgro has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| 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?
How Carbon Intensive is Remgro's Location?
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.
