Absa Bank Kenya PLC 2024 Sustainability Report
Company: Absa Bank Kenya PLC
Sector: Finance & insurance
Country: Kenya
Year: 2024
Type: Sustainability Report
Pages: 70
The report covers Absa Bank Kenya's 2024 sustainability and climate performance, including first-year application of IFRS S1 and S2 and a double-materiality approach. It reports 1 155 tCO2e Scope 1, 841 tCO2e Scope 2 and 1 215 tCO2e Scope 3 emissions. Key activities include Shs 47 billion in sustainable finance, 72 000 trees planted and 67 school computer labs supported. The Bank targets net-zero Scope 1 and 2 operations by 2040 and financed Scope 3 emissions by 2050.
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