Climate Change Data

Nedgroup Investments

Climate Impact & Sustainability Data (2019, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • R271bn of clients’ assets assessed against RI pillars incorporating ESG factors

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Limited influence on RI practices of third-party managers in Fund of Funds, reduced options for fixed income asset owners to be heard in Cash Solutions
Mitigation Strategies
  • Interrogation of third-party managers' RI practices, engagement with issuers and other fixed income managers on ESG best practices, not supporting issuers who do not subscribe to ESG, oversight of proxy voting function by external managers, ensuring managers have a reasonably designed proxy voting policy

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN PRI, Regulation 28 of the Pension Funds Act, King Code, Code for Responsible Investing in South Africa (CRISA)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • All 17 UN SDGs

Interrogation of investment teams and funds' exposure to climate change, emissions, stranded assets, plastics, ocean health, and social impacts.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Biodiversity Loss
  • Labour & Human Rights
  • People Diversity & Inclusion

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN PRI, Regulation 28 of the South African Pension Funds Act, King Codes on Corporate Governance in South Africa, Code for Responsible Investing in South Africa (CRISA), European Union Sustainable Finance Disclosure Regulation (SFDR), EU Taxonomy Regulation

UN Sustainable Development Goals

  • All 17 UN SDGs (as adopted by Nedbank)

Nedbank's adoption of the SDGs guides Nedgroup Investments' responsible investment approach.