Annual Report and Statement of Accounts

Overview

The report highlights Wema Bank's 2022 sustainability activities across environmental, social and governance areas. The company reports reducing carbon emissions by 750 Metric Tonnes through 28 solar-powered branches, collecting over 15,000kg of recyclables, and engaging about 3,000 employees in 94,471 volunteer hours. Its social initiatives included financial inclusion, women's empowerment, community support and employee wellbeing, with priority SDGs identified across the sustainability program. The sustainability report was prepared in accordance with GRI Standards and received first-time sustainability assurance by KPMG.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Language: English
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Standards

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

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Scope
Statement included

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