Wema Bank PLC 2019 AR2
The report highlights Wema Bank Plc's financial and sustainability performance for the fiscal year 2019. Key achievements include the migration of 18 branches to solar power, reducing carbon emissions by 160,744 kg, and reducing paper usage by 90% through the 'paperlympics' campaign. In terms of social impact, the bank launched the 'SARA by Wema' initiative to empower women and expanded financial inclusion by reaching over 150,000 previously unbanked individuals. Additionally, the bank partnered with Cellulant Corporation to provide N2 billion in funding for rural agribusinesses via the Agrikore blockchain platform.
Company: Wema Bank PLC
Sector: Financials
Country: Nigeria
Year: 2019
Type: AR2
Pages: 198
Wema Bank PLC
Consolidated Annual Report And Financial Statements
The report highlights Wema Bank Plc's financial and sustainability performance for the fiscal year 2019. Key achievements include the migration of 18 branches to solar power, reducing carbon emissions by 160,744 kg, and reducing paper usage by 90% through the 'paperlympics' campaign. In terms of social impact, the bank launched the 'SARA by Wema' initiative to empower women and expanded financial inclusion by reaching over 150,000 previously unbanked individuals. Additionally, the bank partnered with Cellulant Corporation to provide N2 billion in funding for rural agribusinesses via the Agrikore blockchain platform.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees