Nedbank Group Ltd 2020 SR
The report highlights Nedbank Group's commitment to purpose-driven impact during the 2020 fiscal year, focusing on supporting stakeholders through the Covid-19 pandemic. The company achieved a Level 1 BBBEE contributor status for the third consecutive year and disbursed R31bn in renewable energy funds. Key initiatives included the launch of South Africa's first green tier 2 capital instrument and the Avo super app to facilitate digital services. The group also prioritized employee well-being, maintaining high engagement levels despite the shift to remote work. Furthermore, Nedbank aligned its strategy with nine UN Sustainable Development Goals, emphasizing sustainable development finance and the transition to a net-zero carbon economy by 2050.
Company: Nedbank Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2020
Type: SR
Pages: 57
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Nedbank Group Ltd
Society Report
The report highlights Nedbank Group's commitment to purpose-driven impact during the 2020 fiscal year, focusing on supporting stakeholders through the Covid-19 pandemic. The company achieved a Level 1 BBBEE contributor status for the third consecutive year and disbursed R31bn in renewable energy funds. Key initiatives included the launch of South Africa's first green tier 2 capital instrument and the Avo super app to facilitate digital services. The group also prioritized employee well-being, maintaining high engagement levels despite the shift to remote work. Furthermore, Nedbank aligned its strategy with nine UN Sustainable Development Goals, emphasizing sustainable development finance and the transition to a net-zero carbon economy by 2050.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 13, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees