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Public Profile
Financial Intermediation
ZA
updated a month ago

Nedbank Limited

Company website

Nedbank Limited, a prominent financial institution in South Africa, is headquartered in Johannesburg, ZA. Established in 1888, Nedbank has evolved into one of the largest banks in the country, offering a comprehensive range of financial services across retail, business, and corporate banking sectors. With a strong focus on sustainability and innovation, Nedbank provides unique products such as green financing and tailored investment solutions, setting it apart in the competitive banking landscape. The bank has achieved significant milestones, including its commitment to environmental responsibility and community development, reinforcing its position as a leader in the South African banking industry. Nedbank's dedication to customer-centric services and its robust market presence underscore its reputation as a trusted financial partner in the region.

DitchCarbon Score

How does Nedbank Limited'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.

49

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.

30

Industry Benchmark

Nedbank Limited's score of 49 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

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Nedbank Limited's reported carbon emissions

Inherited from Nedbank Group Limited

Nedbank Limited, headquartered in South Africa (ZA), currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Nedbank Group Limited, which may influence its climate commitments and performance metrics. While there are no documented reduction targets or specific emissions figures, Nedbank Limited is part of a broader corporate family that may have initiatives in place. The emissions data and performance metrics are cascaded from Nedbank Group Limited, which is responsible for reporting on climate-related actions and commitments. Nedbank Limited's climate strategy may align with industry standards, but specific details regarding their commitments, such as Science-Based Targets Initiative (SBTi) targets or other reduction initiatives, are not currently available. The absence of detailed emissions data highlights the need for transparency and accountability in corporate climate commitments within the financial sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2007201220132014201920202021202220232024
Scope 1
694,850
000,000
000,000
000,000
00,000
000,000
000,000
000,000
-
-
Scope 2
96,361,710
000,000,000
000,000,000
000,000,000
00,000,000
000,000,000
000,000,000
000,000,000
-
-
Scope 3
31,483,310
00,000,000
00,000,000
00,000,000
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nedbank Limited'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. This request for Nedbank Limited is in ZA, which has a very high grid carbon intensity relative to other regions.

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.

Nedbank Limited is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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

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