Absa Group Ltd 2020 Integrated Report
Company: Absa Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2020
Type: Integrated Report
Pages: 98
The report describes Absa's decisive response to Covid-19, including support for employees, customers and communities, while maintaining resilient financial performance. It highlights the launch of a sustainable finance strategy with a R100bn lending and debt-raising commitment. The report also records a 23.3% reduction in energy consumption and a 21.1% reduction in carbon emissions during 2020. Absa published its first TCFD and Principles for Responsible Banking reports and reported a CDP score of C.
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