Absa Group Ltd 2019 SR
The report highlights Absa Group's commitment to sustainability, focusing on its 2030 Environmental Action Plan and its role as a founding signatory to the UNEP FI Principles for Responsible Banking. Key achievements in 2019 include a 16.2% reduction in carbon emissions and a 11.3% reduction in energy consumption. The company also invested R221m in scholarships and reached over 35,000 young people through its ReadytoWork program. Furthermore, Absa introduced a Coal Financing Standard and continued its significant involvement in South Africa's Renewable Energy Independent Power Producer Procurement Programme.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2019
Type: SR
Pages: 62
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Absa Group Ltd
ESG Report
The report highlights Absa Group's commitment to sustainability, focusing on its 2030 Environmental Action Plan and its role as a founding signatory to the UNEP FI Principles for Responsible Banking. Key achievements in 2019 include a 16.2% reduction in carbon emissions and a 11.3% reduction in energy consumption. The company also invested R221m in scholarships and reached over 35,000 young people through its ReadytoWork program. Furthermore, Absa introduced a Coal Financing Standard and continued its significant involvement in South Africa's Renewable Energy Independent Power Producer Procurement Programme.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Mar 20, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees