Absa Group Ltd 2022 SR
The report details Absa Group's ESG performance for 2022, highlighting its refreshed strategy focused on financial inclusion, diversity and inclusion, and climate. Key achievements include reaching Level 1 B-BBEE status in South Africa, financing R49.4 billion in sustainable finance since 2021, and setting a net-zero ambition for 2050. The company also improved its S&P ESG rating to the 89th percentile and maintained a 60.8% female workforce. Environmental efforts included a 21.3% reduction in carbon emissions against a 2018 baseline, despite challenges with power constraints.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2022
Type: SR
Pages: 122
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Absa Group Ltd
ESG Report
The report details Absa Group's ESG performance for 2022, highlighting its refreshed strategy focused on financial inclusion, diversity and inclusion, and climate. Key achievements include reaching Level 1 B-BBEE status in South Africa, financing R49.4 billion in sustainable finance since 2021, and setting a net-zero ambition for 2050. The company also improved its S&P ESG rating to the 89th percentile and maintained a 60.8% female workforce. Environmental efforts included a 21.3% reduction in carbon emissions against a 2018 baseline, despite challenges with power constraints.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Mar 31, 2023
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
Net Zero Target
Employees