Absa Group Ltd 2021 IR
The report outlines Absa Group Limited's financial and non-financial performance for the fiscal year 2021, highlighting its recovery and strategic re-anchoring post-separation from Barclays PLC. Key achievements include a Level 1 B-BBEE status, a significant reduction in credit impairments, and a strong capital position with a common equity tier 1 ratio of 12.8%. The company also advanced its sustainability agenda by establishing a R6.5 billion renewable energy fund in partnership with African Rainbow Energy and Power and securing Africa's first certified green loan of USD 150 million.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2021
Type: IR
Pages: 110
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Absa Group Ltd
Integrated Report
The report outlines Absa Group Limited's financial and non-financial performance for the fiscal year 2021, highlighting its recovery and strategic re-anchoring post-separation from Barclays PLC. Key achievements include a Level 1 B-BBEE status, a significant reduction in credit impairments, and a strong capital position with a common equity tier 1 ratio of 12.8%. The company also advanced its sustainability agenda by establishing a R6.5 billion renewable energy fund in partnership with African Rainbow Energy and Power and securing Africa's first certified green loan of USD 150 million.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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