Nedbank Limited Sustainability Profile
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.
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
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.
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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
| 2007 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 694,850 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 96,361,710 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 31,483,310 | 00,000,000 | 00,000,000 | 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 Nedbank Limited's Industry?
How Carbon Intensive is Nedbank Limited's Location?
Nedbank Limited's Scope 3 Categories Breakdown
Nedbank Limited's Scope 3 emissions, which increased by 1% last year and increased by approximately 10% since 2007, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 33% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 73% of Scope 3 emissions.
Top Scope 3 Categories
Nedbank Limited'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.
Nedbank Limited 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.
