Standard Bank Group Ltd 2018 SR
The report outlines Standard Bank Group's commitment to driving sustainable growth in Africa through its social, economic, and environmental (SEE) impact framework. In 2018, the group focused on managing environmental and social risks in its lending portfolio, particularly in the energy sector where 86% of cumulative power project financing since 2012 has been for renewable energy. The bank also made significant strides in its direct environmental performance, reducing electricity consumption by 24% since 2014 and setting science-based targets for emissions. Socially, the group emphasized diversity and inclusion, with a specific commitment to increasing women's representation in executive positions to 40% by 2023. Furthermore, the report highlights community investments totaling R141.2 million in South Africa, primarily focused on education and early childhood development.
Company: Standard Bank Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2018
Type: SR
Pages: 57
Standard Bank Group Ltd
The report outlines Standard Bank Group's commitment to driving sustainable growth in Africa through its social, economic, and environmental (SEE) impact framework. In 2018, the group focused on managing environmental and social risks in its lending portfolio, particularly in the energy sector where 86% of cumulative power project financing since 2012 has been for renewable energy. The bank also made significant strides in its direct environmental performance, reducing electricity consumption by 24% since 2014 and setting science-based targets for emissions. Socially, the group emphasized diversity and inclusion, with a specific commitment to increasing women's representation in executive positions to 40% by 2023. Furthermore, the report highlights community investments totaling R141.2 million in South Africa, primarily focused on education and early childhood development.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees