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Absa Group Ltd

Common Name
Absa Group
Country
South Africa
Sector
Financial Services
Industry
Banks - Regional
Employees
37,033
Ticker
ABG
Exchange
Johannesburg Stock Exchange
Description
Absa Group Ltd. is a South African-based financial services group that operates as an integrated financial services provider offering a comprehensive range of banking and financial services. Absa's pr...

Absa Group's Energy Data Preview

In 2025, Absa Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Absa Group disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022 - 2017
Total Energy Consumption
660,303a
703,411a
801,251a
Non-Renewable Energy Consumption
644,818a
688,509a
786,995a
Renewable Energy Consumption
15,485a
14,902a
14,256a
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Verified Sources Behind Absa Group’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Absa Group’s data sources below and access millions more through our Disclosure Search.

a. Absa Group's Sustainability Data Spreadsheet 2025

Insights into Absa Group's Energy Renewability

In 2025, Absa Group consumed a total of 660,302.54 Gigajoules of energy across its operations. Of this total, 2.35% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.65% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Absa Group's Energy Renewability Rate

2%

How much of Absa Group's energy consumed is renewable?

In 2025, Absa Group consumed a total of 660,302.54 Gigajoules of energy, of which 2.35% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Absa Group has considerable room to improve its energy sustainability strategy.

Are Absa Group's energy practices becoming more sustainable?

Since 2020, Absa Group's total energy consumption decreased by 18.33%, including a further 6.13% drop in 2025, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy in Absa Group's consumption increased by 183.57%, including a 10.69% increase in 2025, showing consistent progress in clean energy adoption.a

Overall, Absa Group has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Absa Group's Renewable vs Non-renewable Energy Over Time

886.93 k436.93 k13.07 k886.93 kGigajoules (GJ)20252024202320222021202098%98%98%99%99%99%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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