Zenith Bank PLC 2020 AR2
The report highlights Zenith Bank's financial performance and sustainability progress for the year 2020. Despite the macroeconomic challenges of the COVID-19 pandemic, the Group achieved a 5% increase in profit before tax to N256 billion. The bank successfully integrated environmental and social risk assessments into its credit approval process, screening 90% of transactions valued over N3.1 trillion. Additionally, Zenith Bank advanced its carbon reduction strategy by increasing its solar-powered buildings to over 400 and solar-powered ATMs to 1,092. The bank also invested N3.285 billion in corporate social responsibility initiatives, focusing on healthcare, security, education, and sports.
Company: Zenith Bank PLC
Sector: Financials
Country: Nigeria
Year: 2020
Type: AR2
Pages: 268
Zenith Bank PLC
Annual Report
The report highlights Zenith Bank's financial performance and sustainability progress for the year 2020. Despite the macroeconomic challenges of the COVID-19 pandemic, the Group achieved a 5% increase in profit before tax to N256 billion. The bank successfully integrated environmental and social risk assessments into its credit approval process, screening 90% of transactions valued over N3.1 trillion. Additionally, Zenith Bank advanced its carbon reduction strategy by increasing its solar-powered buildings to over 400 and solar-powered ATMs to 1,092. The bank also invested N3.285 billion in corporate social responsibility initiatives, focusing on healthcare, security, education, and sports.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees