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Nedbank Group Ltd

Common Name
Nedbank Group
Country
South Africa
Sector
Financial Services
Industry
Banks - Regional
Employees
25,883
Ticker
NED
Exchange
Johannesburg Stock Exchange
Description
Nedbank Group Ltd. is a prominent financial services provider based in South Africa. It primarily operates as a full-spectrum bank offering a comprehensive range of banking products and services. Key ...

Nedbank Group's Energy Data Preview

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

Nedbank 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
252,454a
269,737a
318,550b
Non-Renewable Energy Consumption
209,095a
242,719a
299,052b
Renewable Energy Consumption
43,358a
27,018a
19,501b
Renewable Energy Production
12,488a
6,905a
8,363b
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Verified Sources Behind Nedbank 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 Nedbank Group’s data sources below and access millions more through our Disclosure Search.

a. Nedbank Group's Climate Report 2025
b. Nedbank Group's Climate Report 2024

Insights into Nedbank Group's Energy Renewability

In 2025, Nedbank Group consumed a total of 252,453.6 Gigajoules of energy across its operations. Of this total, 17.17% 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 82.83% 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

Nedbank Group's Energy Renewability Rate

17%

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

In 2025, Nedbank Group consumed a total of 252,453.6 Gigajoules of energy, of which 17.17% 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 Nedbank Group has considerable room to improve its energy sustainability strategy.

Are Nedbank Group's energy practices becoming more sustainable?

Since 2019, Nedbank Group's total energy consumption decreased by 49.61%, including a further 6.41% drop in 2025, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy in Nedbank Group's consumption increased by 3,379.33%, including a 71.47% increase in 2025, showing consistent progress in clean energy adoption.a

Overall, Nedbank 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.

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

548.41 k248.41 k51.59 k548.41 kGigajoules (GJ)202520242023201983%90%94%100%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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