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Momentum Group Ltd

Country
South Africa
Sector
Financial Services
Industry
Insurance - Diversified
Employees
13,837
Ticker
MTM
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Momentum Group Limited is a South African financial services company focused on insurance, investment, and related financial solutions. It operates across life insurance, non-life insurance, health in...

Momentum Group Ltd's GHG Emissions Data Preview

In 2024, Momentum Group Ltd completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Momentum Group Ltd has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Momentum Group Ltd’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Momentum Group Ltd’s data sources below and access millions more through our Disclosure Search.

a. Momentum Group Ltd's Sustainability Report 2025
a. Momentum Group Ltd's Sustainability Report 2025
b. Momentum Group Ltd's Sustainability Report 2024
b. Momentum Group Ltd's Sustainability Report 2024

Insights into Momentum Group Ltd's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMomentum Group Ltd amounted to35,456metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Momentum Group Ltddecreased by 12.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Momentum Group Ltd's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-19%+23%+68%+23%-40%
  • Total Scope 1
  • Year-over-Year Change

What are Momentum Group Ltd's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Momentum Group Ltd were 2,650 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Momentum Group Ltd reduced its Scope 1 emissions over time?

Since 2019, Momentum Group Ltd's Scope 1 emissions have increased by 24.06%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Momentum Group Ltd's Scope 1 emissions decreased by 39.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Momentum Group Ltd's Scope 2 emissions?

In 2024, Momentum Group Ltd reported Scope 2 greenhouse gas (GHG) emissions of 32,806 tCOâ‚‚e using the location-based method.a

Has Momentum Group Ltd reduced its Scope 2 emissions over time?

Since 2019, Momentum Group Ltd's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 35.42%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Momentum Group Ltd's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Momentum Group Ltd's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Momentum Group Ltd use for Scope 2 reporting?

In 2024, Momentum Group Ltd reported its Scope 2 emissions using the location-based method.a

Momentum Group Ltd's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Momentum Group Ltd's Value Chain Emissions

In 2024, Momentum Group Ltd reported 19,807 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Momentum Group Ltd includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Momentum Group Ltd's Scope 3 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e-54%-5%+41%+72%0%
  • Total Scope 3
  • Year-over-Year Change

What are Momentum Group Ltd's Scope 3 emissions?

In 2024, Momentum Group Ltd reported total Scope 3 emissions of 19,807 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Momentum Group Ltd reduced its Scope 3 emissions over time?

Since 2019, Momentum Group Ltd's Scope 3 emissionshave remained relatively stable, indicating that Momentum Group Ltd's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2023), Momentum Group Ltd's Scope 3 emissions remained relatively stable, indicating that Momentum Group Ltd's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Momentum Group Ltd disclose?

In 2024, Momentum Group Ltd reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Momentum Group Ltd's Scope 3 emissions?

In 2024, the largest contributors to Momentum Group Ltd's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 9,630 tCOâ‚‚e(48.62%)
  • Fuel- and Energy-Related Services (Cat. 3): 9,418 tCOâ‚‚e(47.55%)
  • Purchased Goods and Services (Cat. 1): 490 tCOâ‚‚e(2.47%)

Momentum Group Ltd's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(47.5%)Purchased Goods andServices (Cat. 1)(2.5%)Business Travel(Cat. 6)(48.6%)

Insights into Momentum Group Ltd’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Momentum Group Ltd reported Scope 1 greenhouse gas (GHG) emissions of 2,650 tCOâ‚‚e and total revenues of USD 6,036 millions. This translates into an emissions intensity of 0.44 tCOâ‚‚e per millions USD.a

Momentum Group Ltd's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)AMAAAnadolu Anonim Turk Sigorta StiYear: 2024Scope 1: 637 tCO2eRevenue: $M 1,713Scope 1 Intensity: 0.37 tCO2e/$MBaloise HoldingYear: 2024Scope 1: 4,785 tCO2eRevenue: $M 7,027Scope 1 Intensity: 0.68 tCO2e/$MNew India AssuranceYear: 2025Scope 1: 2,669 tCO2eRevenue: $M 5,096Scope 1 Intensity: 0.52 tCO2e/$MGrupo SuraYear: 2024Scope 1: 3,666 tCO2eRevenue: $M 8,449Scope 1 Intensity: 0.43 tCO2e/$MOUTsurance GroupYear: 2025Scope 1: 801 tCO2eRevenue: $M 2,171Scope 1 Intensity: 0.37 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 15,936Scope 1 Intensity: 0.37 tCO2e/$MSampo OyjYear: 2024Scope 1: 883 tCO2eRevenue: $M 9,933Scope 1 Intensity: 0.09 tCO2e/$MUniqa Insurance GroupYear: 2024Scope 1: 21,435 tCO2eRevenue: $M 5,934Scope 1 Intensity: 3.61 tCO2e/$MAssicurazioni GeneraliYear: 2024Scope 1: 60,502 tCO2eRevenue: $M 62,098Scope 1 Intensity: 0.97 tCO2e/$MiA FinancialYear: 2024Scope 1: 6,757 tCO2eRevenue: $M 2,647Scope 1 Intensity: 2.55 tCO2e/$MNN GroupYear: 2024Scope 1: 1,896 tCO2eRevenue: $M 11,463Scope 1 Intensity: 0.17 tCO2e/$MAgeasYear: 2024Scope 1: 16,238 tCO2eRevenue: $M 8,824Scope 1 Intensity: 1.84 tCO2e/$MVienna Insurance GroupYear: 2024Scope 1: 18,538 tCO2eRevenue: $M 13,454Scope 1 Intensity: 1.38 tCO2e/$MPhoenix FinancialYear: 2024Scope 1: 3,783 tCO2eRevenue: $M 8,260Scope 1 Intensity: 0.46 tCO2e/$MSinar Mas MultiarthaYear: 2024Scope 1: 9,024 tCO2eRevenue: $M 1,621Scope 1 Intensity: 5.57 tCO2e/$MTrygYear: 2024Scope 1: 1,120 tCO2eRevenue: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAegean AirlinesYear: 2024Scope 1: 1,412,799 tCO2eRevenue: $M 1,849Scope 1 Intensity: 763.88 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MALM. Brand A/SYear: 2024Scope 1: 599 tCO2eRevenue: $M 1,970Scope 1 Intensity: 0.30 tCO2e/$MSun Life FinancialYear: 2024Scope 1: 45,601 tCO2eRevenue: $M 19,936Scope 1 Intensity: 2.29 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.49 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MMMMomentum Group LtdYear: 2024Scope 1: 2,650 tCO2eRevenue: $M 6,036Scope 1 Intensity: 0.44 tCO2e/$M

How does Momentum Group Ltd's GHG emissions intensity compare to its peers?

In 2024, Momentum Group Ltd reported a Scope 1 emissions intensity of 0.44 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.46, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Momentum Group Ltd rank on GHG emissions intensity within its industry?

In 2024, Momentum Group Ltd ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Momentum Group Ltd is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Momentum Group Ltd's Total Carbon Footprint

In 2024, Momentum Group Ltd reported a total carbon footprint of 55,263 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.5% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Momentum Group Ltd's total carbon footprint was Scope 2 emissions, accounting for 59.36% of the company's total carbon footprint, followed by Scope 3 emissions at 35.84%.a

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