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2020-12-22 00:00:00
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Home › Bank profiles
Absa GroupSouth Africa
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Created before Nov 2016
Last update: 2020-06-12 15:02:52

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Absa Group head offices. Photo: Courtesy of Absa Group

About Absa Group

Absa Group Limited was formed through a series of mergers and acquisitions over more than 100 years, starting in 1888, to form one of Africa’s largest diversified financial services groups.  Products and services span retail, business, corporate, investment and wealth banking as well as in investment management and insurance. Absa Bank Limited in South Africa is its principal banking subsidiary alongside majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania (Absa Bank and National Bank of Commerce), Uganda and Zambia. The Group also has offices in the Namibia, Nigeria, the United Kingdom and the United States of America as well as insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia.

Website https://www.absa.africa/absaafrica/
Headquarters
7th Floor, Absa Towers West 15 Troye Street
2000 Johannesburg
South Africa
CEO/chair Daniel Mminele
CEO
Supervisor
South African Reserve Bank
Annual reports Annual report 2019
ESG report 2019
Ownership
listed on JSE Limited

Absa Group's shareholder structure can be accessed here.

Related Dodgy Deals

Absa Group has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

All
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Projects
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Companies
Targets
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Active profiles
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On record profiles

News

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Type:
Year:
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles requirements missing for most projects, finds new BankTrack study

Research into 37 projects financed 'under Equator' finds project-level grievance mechanisms or stakeholder engagement processes cannot be evidenced in 65% of cases
2020-08-11 | BankTrack
blog
external news
our news

Banks are turning a blind eye to Mozambique gas field graft

2020-06-23 | Business Live
blog
external news
our news

ABSA imposes strict new coal project financing criteria

2020-04-17 | Mining Weekly
blog
external news
our news

Covid-19 showing importance of early action in tackling global threats, says NPO

2020-04-08 | Engineeringnews.co.za
blog
external news
our news

Is your cash fuelling the climate crisis?

2019-11-25 | Mail & Guardian Online
blog
external news
our news

What Banking Officials Told South African Corruption Inquiry

2018-09-18 | Bloomberg
blog
external news
our news

Fake green hues in big banks’ environment-friendly boasts

2018-03-22 | BusinessDay
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack

Documents

Type:
Year:
csr policies
2020-06-12 00:00:00

Code of ethics

Date listed represents date as accessed on website
2020-06-12 00:00:00 | Absa Group
annual reports
2020-06-12 00:00:00

Annual report 2019

2020-06-12 00:00:00 | Absa Group
annual reports
2020-06-12 00:00:00

ESG report 2019

2020-06-12 00:00:00 | Absa Group
csr policies
2020-04-16 00:00:00

Coal financing standard

2020-04-16 00:00:00 | Absa Group
csr policies
2020-04-16 00:00:00

Sustainability policy

2020-04-16 00:00:00 | Absa Group
annual reports
2015-03-25 00:00:00

Barclays Africa Group Citizenship Report 2013

2015-03-25 00:00:00 | Barclays Africa Group Limited
annual reports
2015-03-03 00:00:00

Annual Report Financial Results 2014

Barclays Africa Group Limited
2015-03-03 00:00:00
annual reports
2014-01-01 00:00:00

Annual Report 2013

2014-01-01 00:00:00
annual reports
2013-03-27 00:00:00

Annual consolidated and separate financial statements

for the reporting period ended 31 December 2012
2013-03-27 00:00:00 | ABSA
bank documents
2011-12-13 00:00:00

B-BBee certificate

national Enpowerment Rating Agency
2011-12-13 00:00:00 | Sanas
correspondence
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
bank documents
2009-12-05 00:00:00

Absa money laundering control

2009-12-05 00:00:00 | Absa Bank

Policies

Voluntary initiatives

Absa Group has committed itself to the following voluntary standards:
  • Banking Association of South Africa’s (BASA) Principles on Environmental and Social Risk Management
  • Carbon Disclosure Project
  • Equator Principles
  • Global Reporting Initiative
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)

Investment policies

Absa Group does not have a specific webpage on corporate social responsibility.

Year:
csr policies
2020-06-12 00:00:00

Code of ethics

Date listed represents date as accessed on website
2020-06-12 00:00:00 | Absa Group
csr policies
2020-04-16 00:00:00

Coal financing standard

2020-04-16 00:00:00 | Absa Group
csr policies
2020-04-16 00:00:00

Sustainability policy

2020-04-16 00:00:00 | Absa Group

Equator Principles

Implementation and reporting

Absa Group is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

active

Mozambique LNG Mozambique

Pipeline Transportation of Natural Gas
active

Thabametsi coal power plant South Africa

Coal Electric Power Generation

Good moves

Year:
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