ActiveThis profile is actively maintained
Created before Nov 2016
Last update: 2021-04-08 00:00:00
Send feedback on this profile
Download as PDF
Share this page:
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.
7th Floor, Absa Towers West 15 Troye Street
Jason Quinn |
Annual report 2020|
CSR Report 2020
listed on JSE Limited
Absa Group's shareholder structure can be accessed here.
|Complaints and grievances|
Related Dodgy Deals
Dodgy Deals map
Banks and human rights
Human Rights Benchmark Africa 2021
Absa Group's human rights policies, processes and reporting were assessed as part of the Human Rights Benchmark Africa 2021. The bank is assessed as a Laggard, with a total score of 2 out of 14.
Due dilligence: 0/5
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-absa-group-limited-2020/
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Some SA banks committed to fossil fuel disinvestment — others aim to keep coal and oil financing furnaces burning
African banks responsive on human rights but most lack basic policies, finds new benchmark
Equator Principles requirements missing for most projects, finds new BankTrack study
Covid-19 showing importance of early action in tackling global threats, says NPO
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
Equator Principles: Action, not words needed
Annual consolidated and separate financial statements
Voluntary standardsAbsa Group has committed itself to the following voluntary standards:
Absa Group does not have a specific webpage on corporate social responsibility.
Implementation and reporting
Absa Group is reporting on the implementation here.