As of 2025, FirstRand Ltd has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into FirstRand Ltd's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -29%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per South African Rand (ZAR) of Other Metric (Unlisted) | -35%a | 2030 |
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As of 2025, FirstRand Ltd has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.a
As of 2025, FirstRand Ltd has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
FirstRand Ltd's most ambitious value chain target is to reduce these emissions by 35% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per South African Rand (ZAR) of Other Metric (Unlisted) in 2023.a
As of 2025, FirstRand Ltd is ahead of schedule on its value chain emissions reduction target, having achieved 63.06% of the planned reduction.a