Nedbank Group Ltd 2023 SR
The report details Nedbank's progress in 2023 towards its purpose-led strategy, focusing on sustainable development finance, financial inclusion, and transformation. The company achieved a 17.9% year-on-year increase in sustainable development finance, reaching R145bn, and maintained its level 1 BBBEE status for the sixth consecutive year. Key highlights include the publication of fossil fuel and power generation glidepaths aligned with net-zero targets and the launch of the NedFinHealth Monitor to assess national financial health. The report also outlines efforts in human capital development, including a R1.2bn investment in skills training and the creation of nearly 10,000 youth work opportunities since 2019.
Company: Nedbank Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2023
Type: SR
Pages: 181
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Nedbank Group Ltd
Society Report
The report details Nedbank's progress in 2023 towards its purpose-led strategy, focusing on sustainable development finance, financial inclusion, and transformation. The company achieved a 17.9% year-on-year increase in sustainable development finance, reaching R145bn, and maintained its level 1 BBBEE status for the sixth consecutive year. Key highlights include the publication of fossil fuel and power generation glidepaths aligned with net-zero targets and the launch of the NedFinHealth Monitor to assess national financial health. The report also outlines efforts in human capital development, including a R1.2bn investment in skills training and the creation of nearly 10,000 youth work opportunities since 2019.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 17, 2024
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
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees