Absa Group Ltd

Common Name
Absa Group
Country
South Africa
Sector
Financial Services
Industry
Banks - Regional
Employees
36,779
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 Waste Data Preview

In 2023, Absa Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Absa Group's Waste Treatment Practices

In 2023, Absa Group generated a total of 672 metric tonnes of waste.

Of this amount, 69.64% of Absa Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 30.36% was disposed of through landfilling, incineration, or combustion.

Absa Group's Waste Recovery Rate

70%

How much of Absa Group's waste is recycled or recovered?

In 2023, Absa Group reported a total waste generation of 672 metric tonnes, of which 69.64% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Absa Group is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Absa Group reduced its environmental waste footprint over time?

Since 2018, Absa Group's total waste generation decreased by 76.78%, yet rose by 8.91% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.

Over the same period, Absa Group's waste recovery rate increased by 22.22%, including a 1.34% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, Absa Group has reduced its waste footprint over time and continues to strengthen its recovery efforts, despite a recent uptick in waste output. This may reflect short-term operational shifts rather than a long-term reversal.

Absa Group’s Waste Recovery vs. Disposal Over Time

20182019202020212022202307501.5 k2.25 k3 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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