Standard Bank Group Ltd 2024 IR
The report highlights Standard Bank Group's performance and strategic progress for the fiscal year ended December 31, 2024. The group achieved headline earnings of R44.5 billion and a return on equity of 18.5%, driven by strong underlying organic growth across its banking, insurance, and asset management businesses. Standard Bank made significant progress toward its sustainability goals, mobilizing R74.3 billion in sustainable finance during the year, bringing its cumulative total since 2022 to R177 billion. Additionally, the group continued to manage climate-related risks, updating its climate policy and setting targets for reducing oil and gas financed emissions, while maintaining a strong capital position with a CET1 ratio of 13.5%.
Company: Standard Bank Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2024
Type: IR
Pages: 90
Standard Bank Group Ltd
The report highlights Standard Bank Group's performance and strategic progress for the fiscal year ended December 31, 2024. The group achieved headline earnings of R44.5 billion and a return on equity of 18.5%, driven by strong underlying organic growth across its banking, insurance, and asset management businesses. Standard Bank made significant progress toward its sustainability goals, mobilizing R74.3 billion in sustainable finance during the year, bringing its cumulative total since 2022 to R177 billion. Additionally, the group continued to manage climate-related risks, updating its climate policy and setting targets for reducing oil and gas financed emissions, while maintaining a strong capital position with a CET1 ratio of 13.5%.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees