Nedbank Group Ltd 2022 SR
The report details Nedbank Group's sustainability performance for the 2022 fiscal year, focusing on its purpose-led approach to creating societal value. Key highlights include increasing sustainable-development finance (SDF) to R123bn, representing 14% of gross loans, with a target of 20% by 2025. The company joined the Alliance for Climate Action and disclosed financed emissions for its fossil fuel portfolio. Social initiatives reached over 29 million consumers through financial wellness programs and supported over 300,000 small businesses. The group maintained its Level 1 BBBEE status for the fifth consecutive year and improved its MSCI ESG rating to AAA.
Company: Nedbank Group Ltd
Sector: Financials
Country: South Africa
Year: 2022
Type: SR
Pages: 152
Nedbank Group Ltd
Society Report
The report details Nedbank Group's sustainability performance for the 2022 fiscal year, focusing on its purpose-led approach to creating societal value. Key highlights include increasing sustainable-development finance (SDF) to R123bn, representing 14% of gross loans, with a target of 20% by 2025. The company joined the Alliance for Climate Action and disclosed financed emissions for its fossil fuel portfolio. Social initiatives reached over 29 million consumers through financial wellness programs and supported over 300,000 small businesses. The group maintained its Level 1 BBBEE status for the fifth consecutive year and improved its MSCI ESG rating to AAA.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Apr 18, 2023
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