Absa Bank Ghana LTD. Sustainability Profile
Absa Bank Ghana Limited, a prominent player in the financial services sector, is headquartered in Accra, Ghana. Established in 1997, the bank has evolved significantly, becoming a key provider of banking solutions across the country and the West African region. Absa Bank Ghana operates within the banking industry, offering a diverse range of services including personal and business banking, investment solutions, and wealth management. The bank is renowned for its innovative digital banking platforms, which enhance customer experience and accessibility. With a strong commitment to corporate social responsibility, Absa Bank Ghana has made notable strides in community development and financial inclusion. As a subsidiary of Absa Group Limited, it holds a strong market position, recognised for its customer-centric approach and robust financial performance.
DitchCarbon Score
How does Absa Bank Ghana LTD.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Absa Bank Ghana LTD.'s score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Absa Bank Ghana LTD. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Absa Group Limited, which may influence its climate commitments and performance metrics. As part of its climate strategy, Absa Bank Ghana LTD. inherits its emissions data and reduction initiatives from its parent company, Absa Group Limited. However, there are no documented reduction targets or climate pledges specific to Absa Bank Ghana LTD. at this time. The bank's climate commitments may align with broader initiatives from Absa Group Limited, but specific details are not provided. In the context of the banking industry, many institutions are increasingly focusing on sustainability and reducing their carbon footprints. While Absa Bank Ghana LTD. has not disclosed specific emissions or targets, it is essential for financial institutions to engage in climate action to mitigate environmental impacts and support global sustainability goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,190,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 249,584,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 38,326,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Absa Bank Ghana LTD.'s Industry?
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Absa Bank Ghana LTD.'s Scope 3 Categories Breakdown
Absa Bank Ghana LTD.'s Scope 3 emissions, which decreased by 36% last year and decreased by approximately 71% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 7% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 62% of Scope 3 emissions.
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Absa Bank Ghana LTD.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Absa Bank Ghana LTD. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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