Annual Report and Accounts

Overview

The report presents UBA's 2023 financial and sustainability performance, including gross revenue of ₦2.08 trillion and continued growth across its banking operations. It describes Board oversight of ESG, a group materiality assessment, and ambitions to reach net zero in operations, supply chain and financed emissions by 2060 or sooner. Key social initiatives included a Braille account-opening package, employee development and community programmes, while 5,210 seedlings were planted across nine countries. Female Board membership reached 50%, alongside broader inclusion and customer-experience initiatives.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Level
Scope
Statement included

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