Absa has firmly established itself as a continental leader in sustainable finance and environmental, social and governance (ESG) strategy. The bank’s performance in 2024 reflected a strategic shift from volume-driven targets toward deeper, more measurable impact.
Last year, Absa executed a record 50 sustainable finance transactions, a 32% increase year-on-year. These included South Africa’s first sustainability-linked corporate bond with an upward-only ratchet mechanism. Meanwhile, the amount of sustainable finance loans arranged rose by 26% year-on-year, with a strong focus on renewables, affordable housing, green buildings, energy access for SMEs and gender-lens financing.
Thanks for your interest in Euromoney!
To unlock this article:
