Absa Group
Sustainability Report and Carbon Intensity Rankings
Is Absa Group doing their part?
Their DitchCarbon score is 56
Absa Group has a DitchCarbon Score of 56 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would signify greater success in achieving low carbon intensity and better environmental performance.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Absa Group operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Absa Group, located in South Africa, operates in a region with a very high carbon intensity rating. This suggests that the company’s sustainability efforts may face challenges due to the country’s significant reliance on carbon-intensive energy sources.
Unlock 30+ emissions data points on Absa Group
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Absa Group
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
5.17%
...this company is doing 5.17% better in emissions than the industry average.
Absa Group Limited, based in Johannesburg, is a prominent player in the finance sector, established in 2018. The company is a pan-African entity, offering a wide range of financial services across several countries including Botswana, Ghana, Kenya, and South Africa. Absa is known for its innovative approach to banking and financial solutions, catering to the diverse needs of its customers on the African continent and beyond.
emission intelligence's platform recommendations for Absa Group
Absa Group should undertake a thorough inventory of all Scope 1 emissions sources to better understand and manage their direct greenhouse gas emissions, which could potentially reduce their emissions by 15%.
Bad news, Absa Group hasn't committed to SBTi goals yet
Absa Group has not established specific commitments with the Science Based Targets initiative (SBTi) yet. This means the company has not formally defined or announced targets for reducing greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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