Absa Group Ltd
Absa Group's GHG Emissions Data Preview
In 2023, Absa Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Absa Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Absa Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Absa Group amounted to 134,375 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Absa Group decreased by 12.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Absa Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Absa Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Absa Group were 21,859 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Absa Group reduced its Scope 1 emissions over time?
Since 2018, Absa Group's Scope 1 emissions have remained relatively, stable, indicating that Absa Group's emissions have plateaued with no significant change in its operational footprint.
Compared to the previous year (2022), Absa Group's Scope 1 emissions increased by 37.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Absa Group's Scope 2 emissions?
In 2023, Absa Group reported Scope 2 greenhouse gas (GHG) emissions of 112,516 tCOâ‚‚e without specifying the calculation method.
Has Absa Group reduced its Scope 2 emissions over time?
Since 2018, Absa Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 33.65%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Absa Group's Scope 2 emissions (Unspecified Calculation Method) fell by 18.56% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Absa Group use for Scope 2 reporting?
In 2023, Absa Group reported its Scope 2 emissions using an unspecified methodology.
Absa Group's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Absa Group's Value Chain Emissions
In 2023, Absa Group reported 17,375 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Absa Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Absa Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Absa Group's Scope 3 emissions?
In 2023, Absa Group reported total Scope 3 emissions of 17,375 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Absa Group reduced its Scope 3 emissions over time?
Since 2018, Absa Group's Scope 3 emissions have decreased by 49.39%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Absa Group's Scope 3 emissions decreased by 25.9%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Absa Group disclose?
In 2023, Absa Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Absa Group's Scope 3 emissions?
In 2023, the largest contributors to Absa Group's Scope 3 emissions were:
- Business Travel (Cat. 6): 12,449 tCOâ‚‚e (71.65%)
- Fuel- and Energy-Related Services (Cat. 3): 4,926 tCOâ‚‚e (28.35%)
Absa Group's Scope 3 Emissions by Categories
Insights into Absa Group's Total Carbon Footprint
In 2023, Absa Group reported a total carbon footprint of 151,750 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.5% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Absa Group's total carbon footprint was Scope 2 emissions, accounting for 74.15% of the company's total carbon footprint, followed by Scope 1 emissions at 14.4%.