FirstRand Ltd 2011 SR
The report outlines FirstRand's commitment to creating shared value by aligning profitability with community development. In 2011, the group reported a 22% increase in diluted normalised earnings and a reduction in carbon emissions to 9.2 metric tonnes per employee. Key focus areas included talent management, with R270 million spent on skills development, and equitable procurement, with R5.1 billion directed to B-BBEE suppliers. The FirstRand Foundation also invested R66 million in social projects, primarily focusing on education and social development across South Africa.
Company: FirstRand Ltd
Sector: Financials
Country: South Africa
Year: 2011
Type: SR
Pages: 16
FirstRand Ltd
The report outlines FirstRand's commitment to creating shared value by aligning profitability with community development. In 2011, the group reported a 22% increase in diluted normalised earnings and a reduction in carbon emissions to 9.2 metric tonnes per employee. Key focus areas included talent management, with R270 million spent on skills development, and equitable procurement, with R5.1 billion directed to B-BBEE suppliers. The FirstRand Foundation also invested R66 million in social projects, primarily focusing on education and social development across South Africa.
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Document Details
Report Year
2011
Reporting Period
Jul 1, 2010 - Jun 30, 2011
Fiscal Year
2011
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees