In 2025, Firstrand Namibia 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).
Firstrand Namibia has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 967a | 885a | 101a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 636a | 696a | 432a | |
Total Scope 3 | 324,801a | 278,266a | 652a | |
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In 2025, the total operational greenhouse gas (GHG) emissions of Firstrand Namibia amounted to 1,603 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).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Firstrand Namibia increased by 1.39%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Firstrand Namibia were 967 metric tons of CO₂ equivalent (tCO₂e).a
Since 2023, Firstrand Namibia's Scope 1 emissions have increased by 857.43%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Firstrand Namibia's Scope 1 emissions increased by 9.27%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Firstrand Namibia reported Scope 2 greenhouse gas (GHG) emissions of 636 tCO₂e without specifying the calculation method.a
Since 2023, Firstrand Namibia's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 47.22%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), Firstrand Namibia's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Firstrand Namibia's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, Firstrand Namibia reported its Scope 2 emissions using an unspecified methodology.a
In 2025, Firstrand Namibia reported 324,801 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of Firstrand Namibia includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Firstrand Namibia reported total Scope 3 emissions of 324,801 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.81% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2023, Firstrand Namibia's Scope 3 emissions have increased by 49,716.1%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Firstrand Namibia's Scope 3 emissions increased by 16.72%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2025, Firstrand Namibia reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Firstrand Namibia's Scope 3 emissions were:a
In 2025, Firstrand Namibia reported a total carbon footprint of 326,404 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.64% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Firstrand Namibia's total carbon footprint was Scope 3 emissions, accounting for 99.51% of the company's total carbon footprint, followed by Scope 1 emissions at 0.3%.a