Remgro Limited, headquartered in South Africa (ZA), is a prominent player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding (SIC 65). Founded in 1968, Remgro has established itself as a leading investment holding company, with a diverse portfolio spanning various industries, including healthcare, consumer products, and infrastructure.
With a commitment to strategic investments, Remgro offers unique financial solutions that leverage its extensive market knowledge and operational expertise. The company has achieved significant milestones, positioning itself as a key contributor to the South African economy. Notably, Remgro's innovative approach to investment management has garnered recognition, solidifying its reputation as a trusted partner in the financial landscape.
-17 vs industry average
Remgro’s score of 20 is lower than 13% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Remgro's reported carbon emissions
Remgro, a financial intermediation services company based in South Africa (ZA), reported a total of approximately 10.2 billion kg CO2e in Scope 1, 2, and 3 emissions for 2022. This figure comprises about 1.5 million kg CO2e from Scope 1, approximately 2.2 million kg CO2e from Scope 2 (market-based), and roughly 793,000 kg CO2e from Scope 3.
In 2021, Remgro's total emissions were approximately 3.6 billion kg CO2e, with Scope 1 emissions at about 1.4 million kg CO2e, Scope 2 (market-based) at approximately 2.0 million kg CO2e, and Scope 3 at about 289,000 kg CO2e.
Looking further back, in 2020, Remgro recorded a total of approximately 101.8 billion kg CO2e. This included around 374.0 million kg CO2e for Scope 1, approximately 447.2 million kg CO2e for Scope 2, and roughly 196.6 million kg CO2e for Scope 3.
For 2019, total emissions for Remgro stood at approximately 102.2 billion kg CO2e, with Scope 1 emissions at about 396.8 million kg CO2e, Scope 2 at approximately 446.2 million kg CO2e, and Scope 3 at around 178.6 million kg CO2e.
In 2018, Remgro reported total emissions of approximately 991.5 million kg CO2e, consisting of about 375.8 million kg CO2e from Scope 1, approximately 387.3 million kg CO2e from Scope 2, and roughly 228.4 million kg CO2e from Scope 3.
Remgro's reports indicate that data for Scope 3, specifically purchased goods and services, is missing.
Remgro has not disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. The company's climate commitments and emission reduction strategies are therefore not detailed in the provided information.
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Remgro’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Remgro yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Remgro
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