Public Profile

Absa VM Solutions

Absa VM Solutions, a prominent player in the financial services sector, is headquartered in South Africa (ZA) and operates extensively across the African continent. Founded in 1991, the company has established itself as a leader in providing innovative banking and financial solutions tailored to meet the diverse needs of its clients. Specialising in retail and corporate banking, Absa VM Solutions offers a range of core products, including personal loans, investment services, and insurance solutions. What sets them apart is their commitment to leveraging technology to enhance customer experience and streamline financial processes. With a strong market position, Absa VM Solutions has achieved notable milestones, including numerous awards for excellence in customer service and innovation. Their dedication to sustainable practices further solidifies their reputation as a forward-thinking institution in the competitive financial landscape.

DitchCarbon Score

How does Absa VM Solutions'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.

0

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.

13

Industry Benchmark

Absa VM Solutions's score of 0 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

1%

Absa VM Solutions's reported carbon emissions

Absa VM Solutions, headquartered in South Africa (ZA), currently does not have available carbon emissions data for the most recent year. As a result, specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions, are not provided. In the absence of concrete emissions data, it is important to note that the company has not outlined any specific reduction targets or initiatives related to carbon emissions. Furthermore, there are no commitments to the Science Based Targets initiative (SBTi) or any climate pledges documented. As the industry increasingly focuses on sustainability and climate action, Absa VM Solutions may need to establish clear climate commitments and reduction strategies to align with global standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Absa VM Solutions's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Absa VM Solutions is headquartered in ZA, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Absa VM Solutions is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers