FirstRand Ltd 2018 SR
The report outlines FirstRand's commitment to a shared value contract with society, focusing on its role as a systemic financial services provider in Africa. In 2018, the group achieved a Level 1 B-BBEE rating and invested R342 million in community initiatives, primarily targeting education. Significant progress was made in environmental management, with a 13% reduction in total carbon emissions and the initiation of a project to implement TCFD recommendations. The group also expanded financial inclusion through digital innovations like eWallet, which saw a 28% increase in active users. Furthermore, FirstRand provided R12.7 billion in funding for transformational infrastructure and R17 billion in unsecured limits to SMEs.
Company: FirstRand Ltd
Sector: Financials
Country: South Africa
Year: 2018
Type: SR
Pages: 39
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FirstRand Ltd
Report To Society
The report outlines FirstRand's commitment to a shared value contract with society, focusing on its role as a systemic financial services provider in Africa. In 2018, the group achieved a Level 1 B-BBEE rating and invested R342 million in community initiatives, primarily targeting education. Significant progress was made in environmental management, with a 13% reduction in total carbon emissions and the initiation of a project to implement TCFD recommendations. The group also expanded financial inclusion through digital innovations like eWallet, which saw a 28% increase in active users. Furthermore, FirstRand provided R12.7 billion in funding for transformational infrastructure and R17 billion in unsecured limits to SMEs.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Published
Dec 14, 2018
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Employees