Public Profile

Remgro

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.

27

Industry Benchmark

Remgro's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Remgro's reported carbon emissions

In 2022, Remgro reported total carbon emissions of approximately 6,000,000 kg CO2e, comprising 1,508,000 kg CO2e from Scope 1, 2,178,000 kg CO2e from Scope 2, and 793,000 kg CO2e from Scope 3 emissions. This marked a notable increase in emissions compared to 2021, where total emissions were about 5,000,000 kg CO2e, with Scope 1 at 1,438,000 kg CO2e, Scope 2 at 1,971,000 kg CO2e, and Scope 3 at 289,000 kg CO2e. Over the years, Remgro has shown fluctuations in its emissions profile. For instance, in 2020, total emissions were approximately 1,017,787,000 kg CO2e, with Scope 1 at 373,971,000 kg CO2e, Scope 2 at 447,206,000 kg CO2e, and Scope 3 at 196,610,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Remgro's commitment to addressing climate change is evident through its emissions reporting, although specific reduction strategies or targets have not been outlined. The company operates within a global context where many industries are increasingly focusing on sustainability and carbon footprint reduction.

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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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