Coronation Fund Managers Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022-10 to 2023-09

In its 2023 reporting, Coronation Fund Managers Ltd disclosed greenhouse gas emissions of 1.8K tCO2e/year. By scope: Scope 1: 116.3 tCO2e/year; Scope 2: 585.3 tCO2e/year; Scope 3: 1.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
1.8K tCO2e/year
2023
⚙️
Energy Use
711.8 MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).116.3 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.585.3 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.1K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20231.8K tCO2e/year
2022-10 to 2023-091.8K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🌱 ESG Focus Areas

Environmental, Social, and Governance (ESG) issuesClimate ChangeDiversity and InclusionResponsible InvestingStewardship

⚠️ Challenges & Risks +

  • Tax dispute with SARS impacting profits and dividend payments.
  • Shrinking SA savings pool due to low economic growth and low confidence.
  • Increased competition for market share.
  • Talent war and resource-intensive compliance requirements.
  • Geopolitical uncertainty.
  • Loadshedding in South Africa impacting operations.
  • Scarcity of skills across functions, including IT and IS resources.
  • Emigration of skilled workers.

📋 Report Information

Reporting Period: 2023
Frameworks: IFRS, Companies Act, No. 71 of 2008, King IV™, JSE Listings Requirements, Integrated Reporting Framework, Global Reporting Initiative Standards, TCFD reporting guidelines, JSE Sustainability and Climate Disclosure Guidelines
Assurance: KPMG Inc.