Absa Group Ltd 2020 SR
The report outlines Absa Group's environmental, social, and governance performance for the 2020 fiscal year, highlighting its response to the COVID-19 pandemic through the "Protecting Lives and Livelihoods" initiative. Key achievements include investing R380 million in community development and education, and providing R1.7 billion in relief to small and medium enterprises. The company elevated sustainability risk to a principal risk and published its first TCFD and Principles for Responsible Banking reports. Environmental efforts resulted in a 21.1% year-on-year reduction in carbon emissions and a 23.3% reduction in energy consumption, partly due to remote working. The report also details progress in diversity, with women making up 61.1% of the workforce and 31% of the board.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2020
Type: SR
Pages: 83
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Absa Group Ltd
ESG Report
The report outlines Absa Group's environmental, social, and governance performance for the 2020 fiscal year, highlighting its response to the COVID-19 pandemic through the "Protecting Lives and Livelihoods" initiative. Key achievements include investing R380 million in community development and education, and providing R1.7 billion in relief to small and medium enterprises. The company elevated sustainability risk to a principal risk and published its first TCFD and Principles for Responsible Banking reports. Environmental efforts resulted in a 21.1% year-on-year reduction in carbon emissions and a 23.3% reduction in energy consumption, partly due to remote working. The report also details progress in diversity, with women making up 61.1% of the workforce and 31% of the board.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 23, 2021
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
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees