Absa Group Ltd 2023 SR
The report outlines Absa Group's sustainability strategy and performance for 2023, focusing on financial inclusion, diversity, and climate action. Key highlights include achieving over 80% of its R100 billion sustainable finance target by 2025 and launching the Absa eKhaya Colleague Share Scheme. The company committed to net zero emissions by 2050 and set specific reduction targets for coal, oil, and gas financing. Additionally, Absa improved its S&P Global Sustainability ranking to the 93rd percentile and maintained a Level 1 B-BBEE status.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2023
Type: SR
Pages: 62
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Absa Group Ltd
Sustainability Report
The report outlines Absa Group's sustainability strategy and performance for 2023, focusing on financial inclusion, diversity, and climate action. Key highlights include achieving over 80% of its R100 billion sustainable finance target by 2025 and launching the Absa eKhaya Colleague Share Scheme. The company committed to net zero emissions by 2050 and set specific reduction targets for coal, oil, and gas financing. Additionally, Absa improved its S&P Global Sustainability ranking to the 93rd percentile and maintained a Level 1 B-BBEE status.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 19, 2024
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
Women on Board
Women in Management
Net Zero Target
Employees