Absa Group Ltd 2018 IR
The report outlines Absa Group Limited's financial and ESG performance for the fiscal year 2018, highlighting its strategic transition and separation from Barclays. Key achievements include reaching regulatory deconsolidation, launching a refreshed brand in South Africa, and successfully completing 140 of 266 separation projects. Financially, the company grew its revenue by 4% to R75.7bn and increased headline earnings by 3% to R16.1bn. On the sustainability front, Absa reduced its carbon emissions by 2.8% to 296,468 tonnes of CO2e, invested R266m in education, and closed debt financing of R22bn for 12 renewable energy projects.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2018
Type: IR
Pages: 90
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Absa Group Ltd
Integrated Report
The report outlines Absa Group Limited's financial and ESG performance for the fiscal year 2018, highlighting its strategic transition and separation from Barclays. Key achievements include reaching regulatory deconsolidation, launching a refreshed brand in South Africa, and successfully completing 140 of 266 separation projects. Financially, the company grew its revenue by 4% to R75.7bn and increased headline earnings by 3% to R16.1bn. On the sustainability front, Absa reduced its carbon emissions by 2.8% to 296,468 tonnes of CO2e, invested R266m in education, and closed debt financing of R22bn for 12 renewable energy projects.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Apr 24, 2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Employees