Fidelity Bank PLC 2023 SR

The report highlights Fidelity Bank's early adoption of the ISSB (IFRS S1 and S2) standards, positioning it as a pioneer in the Nigerian financial sector. In 2023, the bank achieved significant financial growth with gross earnings increasing by 64% to N552.8 billion. Social milestones included increasing female representation to 50.2% of staff and 29% of the Board. The bank also became a signatory to the UNEP FI Principles for Responsible Banking and the UN Women's Empowerment Principles. Environmental efforts focused on a decarbonization strategy aiming for a 33.6% reduction in operational emissions by 2028 and achieving net-zero by 2050.

Company: Fidelity Bank PLC

Sector: Financials

Country: Nigeria

Year: 2023

Type: SR

Pages: 50

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Fidelity Bank PLC

Fidelity Bank PLC 2023 Sustainability and Climate Report

Sustainability And Climate Report

The report highlights Fidelity Bank's early adoption of the ISSB (IFRS S1 and S2) standards, positioning it as a pioneer in the Nigerian financial sector. In 2023, the bank achieved significant financial growth with gross earnings increasing by 64% to N552.8 billion. Social milestones included increasing female representation to 50.2% of staff and 29% of the Board. The bank also became a signatory to the UNEP FI Principles for Responsible Banking and the UN Women's Empowerment Principles. Environmental efforts focused on a decarbonization strategy aiming for a 33.6% reduction in operational emissions by 2028 and achieving net-zero by 2050.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Workplace Fatalities

Net Zero Target

Employees