Nedbank Group Ltd 2024 SR
The report highlights Nedbank's progress in fulfilling its purpose-led strategy, focusing on sustainable development finance, financial inclusion, and human capital. In 2024, the company increased its contribution to sustainable development financing by 26% to R183bn, representing 19% of its total gross loans and advances. Key achievements include being the first South African bank to publish 2030 emissions targets for its fossil fuel portfolio and releasing an inaugural Nature Position Statement. The company also maintained its Level 1 BBBEE status for the seventh consecutive year and invested R1.0bn in employee skills development.
Company: Nedbank Group Ltd
Sector: Financials
Country: South Africa
Year: 2024
Type: SR
Pages: 189
Nedbank Group Ltd
Society Report
The report highlights Nedbank's progress in fulfilling its purpose-led strategy, focusing on sustainable development finance, financial inclusion, and human capital. In 2024, the company increased its contribution to sustainable development financing by 26% to R183bn, representing 19% of its total gross loans and advances. Key achievements include being the first South African bank to publish 2030 emissions targets for its fossil fuel portfolio and releasing an inaugural Nature Position Statement. The company also maintained its Level 1 BBBEE status for the seventh consecutive year and invested R1.0bn in employee skills development.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 15, 2025
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
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees