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OrganisationsRemgro
Remgro logo

Remgro

Financial IntermediationSouth AfricaPNK: RMGOF
Last verified 18 days agoremgro.com

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.

19
DitchCarbon score

-16 vs industry average

Remgro’s score of 19 is lower than 10% 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

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2025

0.0B0.0B000.0M000.0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Remgro's reported carbon emissions

Remgro, a financial intermediation services company based in ZA, has disclosed its carbon emissions for the past several years. In 2022, the company reported a total of approximately 2.54 billion kg CO2e. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions. Specifically, Scope 1 emissions were approximately 1.51 million kg CO2e, Scope 2 emissions were about 2.18 million kg CO2e, and Scope 3 emissions were approximately 0.79 million kg CO2e. Prior to this, in 2021, Remgro's total emissions amounted to approximately 3.38 million kg CO2e. Scope 1 emissions for 2021 were reported at about 1.44 million kg CO2e, Scope 2 emissions at approximately 1.97 million kg CO2e, and Scope 3 emissions at roughly 0.29 million kg CO2e. For the year 2020, Remgro's total reported emissions were considerably higher, totalling approximately 967.79 million kg CO2e. This included Scope 1 emissions of about 373.97 million kg CO2e, Scope 2 emissions of approximately 447.21 million kg CO2e, and Scope 3 emissions of around 196.61 million kg CO2e. The company's emissions data for 2019 and 2018 also show significant figures. In 2019, total emissions were approximately 1.02 billion kg CO2e, with Scope 1 at about 396.83 million kg CO2e, Scope 2 at approximately 446.16 million kg CO2e, and Scope 3 at around 178.58 million kg CO2e. In 2018, total emissions were approximately 991.87 million kg CO2e, comprising Scope 1 emissions of about 375.79 million kg CO2e, Scope 2 emissions of approximately 387.33 million kg CO2e, and Scope 3 emissions of around 228.35 million kg CO2e. Remgro's sustainability reporting highlights that data for Scope 3 category 'purchased goods and services' was missing for the years 2018 through 2022. Remgro has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge based on 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

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Remgro logoRemgro
ZAFinancial Intermediation
18 days ago
19
Sasol logoSasol
ZAChemicals
15 days ago
66
View
Nedbank logoNedbank
ZAFinancial Intermediation
10 hours ago
57
View
Absa logoAbsa
ZAFinancial Intermediation
1 day ago
56
View
Old Mutual logoOld Mutual
ZAFinancial Intermediation
4 days ago
52
View
Distell Group Holdings logoDistell Group Holdings
ZABeverage Manufacturing
10 days ago
51
View
Kumba Iron Ore logoKumba Iron Ore
ZAIron Ores
4 days ago
47
View

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Ditchcarbonv260319.2
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