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Our Climate Strategy
We are committed to driving Africa’s growth in an inclusive and sustainable manner, supporting a just energy transition.
Climate change strategy
OUR CLIMATE POLICY
VIEW FULL POLICY
OUR APPROACH
Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals. It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.
Driving Sustainable Growth
This climate policy supports our purpose – “Africa is our home, we drive her growth” – and takes the African continent’s environmental, social, and economic context as its starting point.
Achieving net zero carbon emissions
From our own operations for newly built facilities by 2030; for existing facilities by 2040; from our portfolio of financed emissions by 2050.
Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals.
It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.Applying complementary mechanisms
Sustainable finance solutions, lending policies, climate targets, innovative ways of engaging with clients and supporting their transitions towards net zero emissions.
We are committed to driving Africa’s growth in an inclusive and sustainable manner, supporting a just energy transition.
Climate change strategy
OUR CLIMATE POLICY
VIEW FULL POLICY
OUR APPROACH
Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals. It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.
Driving Sustainable Growth
This climate policy supports our purpose – “Africa is our home, we drive her growth” – and takes the African continent’s environmental, social, and economic context as its starting point.
Achieving net zero carbon emissions
From our own operations for newly built facilities by 2030; for existing facilities by 2040; from our portfolio of financed emissions by 2050.
Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals.
It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.Applying complementary mechanisms
Sustainable finance solutions, lending policies, climate targets, innovative ways of engaging with clients and supporting their transitions towards net zero emissions.
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