Absa Group Ltd 2020 IR
The report details Absa Group Limited's financial and non-financial performance for the 2020 fiscal year, highlighting its resilience during the Covid-19 pandemic and the successful completion of its separation from Barclays PLC. The company provided significant payment relief of R219bn to customers and contributed over R83m to Covid-19 humanitarian and health initiatives across Africa. Absa also refreshed its corporate strategy, establishing four strategic imperatives and four strategic enablers to drive digital-first distribution and hyper-personalised customer propositions. Additionally, the Group elevated sustainability risk to a principal risk, published a Coal Financing Standard, and committed to financing or arranging R100bn for ESG-related projects by 2025.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2020
Type: IR
Pages: 98
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Absa Group Ltd
Integrated Report
The report details Absa Group Limited's financial and non-financial performance for the 2020 fiscal year, highlighting its resilience during the Covid-19 pandemic and the successful completion of its separation from Barclays PLC. The company provided significant payment relief of R219bn to customers and contributed over R83m to Covid-19 humanitarian and health initiatives across Africa. Absa also refreshed its corporate strategy, establishing four strategic imperatives and four strategic enablers to drive digital-first distribution and hyper-personalised customer propositions. Additionally, the Group elevated sustainability risk to a principal risk, published a Coal Financing Standard, and committed to financing or arranging R100bn for ESG-related projects by 2025.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Women on Board
Women in Management
Employees