Absa Bank Kenya PLC 2023 SR
The report highlights Absa Bank Kenya's commitment to a sustainable future, focusing on its 13 sustainability commitments and progress toward net zero emissions by 2050. In 2023, the bank allocated KES 63 billion to sustainable finance, with KES 22.3 billion specifically for climate financing. Key initiatives included planting over 728,000 trees, equipping 22 computer labs for schools, and empowering over 35,000 women through the SHE Star Programme. The bank also achieved a 51% female workforce and maintained 49% women in management. Furthermore, Absa reported a significant reduction in energy usage through retrofitting 85 sites and continued its focus on financial inclusion through the Timiza platform, which disbursed KES 21 billion in loans.
Company: Absa Bank Kenya PLC
Sector: Financials
Country: Kenya
Year: 2023
Type: SR
Pages: 90
Absa Bank Kenya PLC
Sustainability Report
The report highlights Absa Bank Kenya's commitment to a sustainable future, focusing on its 13 sustainability commitments and progress toward net zero emissions by 2050. In 2023, the bank allocated KES 63 billion to sustainable finance, with KES 22.3 billion specifically for climate financing. Key initiatives included planting over 728,000 trees, equipping 22 computer labs for schools, and empowering over 35,000 women through the SHE Star Programme. The bank also achieved a 51% female workforce and maintained 49% women in management. Furthermore, Absa reported a significant reduction in energy usage through retrofitting 85 sites and continued its focus on financial inclusion through the Timiza platform, which disbursed KES 21 billion in loans.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees