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We are a purpose-led financial services provider that has operated in Africa for over 130 years. We are present in 12 countries across Africa and four countries beyond the continent. We play an integral role in the economic life of individuals, businesses, and nations. We help create, grow, and protect wealth through partnerships in economic development while playing a shaping role in Africa’s growth and sustainability.
In the face of unprecedented global challenges, we remain committed to being an active force for good in everything we do, driving positive change and making a meaningful impact on the world.
“Empowering Africa’s tomorrow, together ... one story at a time” is the purpose at the heart of our business. Our sustainability strategy remains relevant and responsive in a rapidly changing world. It is shaped by three strategic pillars – financial inclusion; diversity, equity, inclusion and belonging; and climate – all designed to drive meaningful societal and environmental impact while strengthening long-term organisational resilience. These pillars are underpinned by two enablers; governance, which ensures high standards of ethics and compliance, and corporate citizenship initiatives that empower communities through financial literacy, entrepreneurship, and employee volunteerism. By focusing on what matters most to our business and stakeholders, our strategy ensures alignment to material issues and delivers lasting value for individuals, communities, and the environment.
Our comprehensive approach to sustainability helps to mitigate risks related to sustainability factors, while identifying new growth opportunities, supporting competitiveness and a more equitable and sustainable global economy.
Our integrated approach drives alignment, impact and measurable goals, bringing our purpose to life. This strengthens resilience, ensures long-term success and builds stakeholder trust
Climate finance from an African perspective
A big question looms over COP30: If we cannot stop a warming climate, can we at least adapt?
By Msizi Khoza
Brazil has called on nations to prioritize honouring previous pledges ahead of COP30.
Climate adaptation financing was a major talking point at COP29 in Baku, Azerbaijan. Developed nations agreed to take the lead in raising the $300 billion required to start addressing the adaptation needs of especially poorer countries that are more vulnerable to adverse weather risks caused by rising temperatures.
In simple terms, adaptation seeks to reduce the vulnerability of social and ecological systems to climate change impacts and enhance their resilience and capacity to cope with these changes.
At Glasgow in 2021, rich nations pledged to assist developing nations and raise about $40 billion a year by 2025. However, the gap between commitments made and reality remains significant. Also, the bulk of these financial commitments goes towards mitigation and cutting emissions instead of adaptation.
Our Pillars
Our 2024 Highlights
Diversity, equity, inclusion and belonging
Our priorities: Enable our employees to bring their true selves to work and be a beacon of inclusion externally across the continent
Corporate Citizenship
Our priorities: Address the socio-economic dynamics within our areas of operation and generate sustainable impact
Governance
Our priorities: Commit to the highest standards of governance and ethics
Climate
Our priorities: Contribute to Africa’s transition in a way that is just and fair
Financial Inclusion
Our priorities: Make intergenerational wealth creation accessible to all