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FirstRand group sustainability report

Sustainability Report and Carbon Intensity Rankings

Is FirstRand group sustainability report doing their part?

Their DitchCarbon score is 48

FirstRand Group has a DitchCarbon Score of 48 out of 100, indicating moderate performance in sustainability efforts. This score reflects the company’s current carbon intensity level, suggesting there is significant room for improvement. A higher score would demonstrate a stronger commitment to reducing carbon intensity and enhancing overall sustainability.

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

FirstRand 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

FirstRand Group, located in South Africa, operates in a region with a very high carbon intensity rating. This suggests that the company’s sustainability efforts are challenged by the country’s heavy reliance on carbon-intensive energy sources.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

2.83%

...this company is doing 2.83% worse in emissions than the industry average.

FirstRand Limited, headquartered in Sandton, is a prominent player in the finance sector, founded in 1998. As a diversified financial services provider, it operates through its subsidiaries including First National Bank, Rand Merchant Bank, WesBank, and Ashburton Investments, offering a wide range of banking and investment services. Listed on both the Johannesburg and Namibian Stock Exchanges, FirstRand is committed to delivering sustainable economic returns and maintaining a robust balance sheet.

emission intelligence's platform recommendations for FirstRand group sustainability report

FirstRand Group should consider implementing green procurement policies to source low-carbon energy and services, which could potentially reduce their emissions by 0.3%.

Bad news, FirstRand hasn't committed to SBTi goals yet

FirstRand Group has not yet established specific commitments through the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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