Launch Partners

Monday, June 17, 2024

Launch Partners

African companies with Net Zero Emission

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Top 20 African companies, by market cap, with short and/or long-term net zero-emissions targets and highly scoring in the air emissions KPI. The latter refers to an overall weighted score of the underlying indicators used to assess corporates’ plans to reduce air emissions and mitigate climate risks. Net-zero emissions targets, or carbon neutrality, refers to balancing any emitted GH offset or sequestered equivalent emissions.

IR WIDISINNameNationBusiness ActivityESGOverall ESG RatingShariah Compliance
A42171ZAE000015889Naspers LimitedSouth AfricaIT Services / Consulting60.58084APASS
A54741ZAE000013181Anglo American Platinum LtdSouth AfricaPrecious Metals / Minerals928381.5AAPASS
A42131ZAE000109815Standard Bank Group LtdSouth AfricaBanks788387.5AAFAIL
MTN Group Ltd – ADRSouth AfricaWireless Telecommunications Services95.57965.5AAFAIL
A04E41LR0008862868Royal Caribbean Cruises LtdLiberiaHotels / Motels / Cruise Lines9474.584AAFAIL
A21C91US8038663006Sasol Ltd (ADR)South AfricaChemicals – Diversified788194.5AAFAIL
B07641KE1000001402Safaricom PlcKenyaWireless Telecommunications Services957071AFAIL
03EB31US50125N1046Kumba Iron Ore Ltd – ADRSouth AfricaSteel889380.5AAPASS
A26851US38059T1060Gold Fields Limited (ADR)South AfricaPrecious Metals / Minerals897980AAPASS
A1CDF1US0351282068AngloGold Ashanti Limited (ADR)South AfricaPrecious Metals / Minerals82.57981.5AAPASS
Exxaro Resources LimitedSouth AfricaCoal918488.5AAPASS
A56941ZAE000022331Discovery LtdSouth AfricaInsurance – Life / Health696979AFAIL
A42161ZAE000063863Woolworths Holdings LimitedSouth AfricaRetail – Department Stores958179AAFAIL
African Rainbow Minerals LtdSouth AfricaMining / Metals – Specialty82.57482AFAIL
A2FB71ZAE000255360Old Mutual LtdSouth AfricaInvestment Services786979AFAIL
Growthpoint Properties LimitedSouth AfricaREIT – Residential / Commercial6852.566BBBFAIL
AA3B11ZAE000058517Spar Group LimitedSouth AfricaFood Distribution / Convenience Stores785969BBBFAIL
A68E31US8796031081Telkom SA SOC Ltd (ADR)South AfricaIntegrated Telecommunications Services9383.573.5AAFAIL
A1D6F1US8030692029Sappi Limited (ADR)South AfricaPaper Products928579AAFAIL
A22871US4132163001Harmony Gold Mining Co. (ADR)South AfricaPrecious Metals / Minerals837679APASS
The ESG rating is based on IdealRatings Methodology and the Shariah compliance status is based on AAOIFI publicly published guidelines.