Absa Group Ltd 2024 IR
The report highlights Absa Group Limited's financial and sustainability performance for the 2024 fiscal year. The company achieved a 10% increase in headline earnings to R22.1 billion and improved its return on equity to 14.8%. In sustainability, Absa reached a milestone of R121.1 billion in cumulative sustainable financing since 2021, achieving its R100 billion target a year ahead of schedule. The group also advanced its digital transformation, recording 14.2% growth in digitally active customers and maintaining 99.98% service availability.
Company: Absa Group Ltd
Sector: Financials
Country: South Africa
Year: 2024
Type: IR
Pages: 128
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Absa Group Ltd
Integrated Report
The report highlights Absa Group Limited's financial and sustainability performance for the 2024 fiscal year. The company achieved a 10% increase in headline earnings to R22.1 billion and improved its return on equity to 14.8%. In sustainability, Absa reached a milestone of R121.1 billion in cumulative sustainable financing since 2021, achieving its R100 billion target a year ahead of schedule. The group also advanced its digital transformation, recording 14.2% growth in digitally active customers and maintaining 99.98% service availability.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Net Zero Target
Employees