Annual Report and Accounts

Overview

The report presents digital solutions for societal impact as Wema Bank's overarching sustainability goal, with ALAT and *945# used to acquire over 600,000 customers. It describes implementation of an Environmental and Social Risk Management framework and assessment of over 600 loan requests. Community engagement included the iVolunteer programme, with over 3000 staff participating, alongside women’s economic empowerment initiatives. The bank says its sustainability initiatives were aligned with the Nigerian Sustainable Banking Principles, SDGs and UNEPFI Principles for Responsible Banking.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2018
Period: 1 January 2018 – 31 December 2018
Language: English
Pages
File size
Restatement: Disclosed

Materiality

Assessment
Basis

Assurance

Statement included

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