Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Financial Inclusion
• Job Creation and Enterprise Growth
• Infrastructure Development and Energy Transition
• Women Economic Empowerment
• Human Rights
• Diversity and Inclusion

Environmental Achievements

• 14.2% year-on-year reduction in energy consumption at a major campus location
• Recycled 27.8 tons of wastepaper
• Planted 30,000 trees (total of 43,928 trees planted since inception)
• 35 bank branches and 12 Stanbic IBTC Pensions Managers Limited sites transitioned to solar-powered energy solutions

Social Achievements

• Positively impacted 10 million people through CSIs, donations, and sponsorships
• Invested ₦1.1 billion in employee training and development
• Together4ALimb program supported 45 children (100 total beneficiaries since inception)
• Blue Blossom expanded support for women-operated businesses
• Enterprise Academy workshops impacted over 1,000 SME business owners
• Financial literacy sessions impacted over 11,911 participants

Governance Achievements

• Achieved a 4-star design stage green building rating from the Green Building Council of South Africa for Stanbic IBTC Towers
• Joined the Sustainability Standards and Certification Initiative (SSCI) of the European Organisation for Sustainable Development (EOSD)
• Implemented a robust Environmental and Social Management System (ESMS)

Climate Goals & Targets

Environmental Challenges

• Managing climate risk
• Managing third-party risks
• Ensuring fair outcomes for clients
• Maintaining information security, data privacy, and cybersecurity
• Regulatory and non-compliance risk
• Credit risk
• Market or liquidity risk
• Cybersecurity risk
• Geopolitical or physical security risk
• Business model risk
• Investigations and fraud risk
• Environmental and social risk
• Vendor and third-party risk
• Conduct risk

Mitigation Strategies

• Proactive risk assessments and mitigation strategies
• Robust governance structures and policies
• Continuous improvement in security measures
• Compliance programs and training
• ESG integration into business decisions
• Sustainable procurement practices
• Third-party risk management

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Vendor code of conduct
• Environmental and social assessments
• Periodic monitoring of supplier performance

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core Option, CBN’s Nigerian sustainable banking principles (NSBP), Nigerian Exchange Group sustainability disclosure guidelines, Securities and Exchange Commission’s Sustainable Financial Principles for the Nigerian Capital Market

Certifications: ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 2: Zero Hunger
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 13: Climate Action

Initiatives aligned with UN SDGs through four Positive Impact areas

Sustainable Products & Innovation

• @ease mobile wallet
• BluEdge Savings Account
• Blue Blossom
• SME EZ Cash
• SME Lite
• CHESS Account
• Future Me Plan

Awards & Recognition

• AAA+ Fitch National Rating
• Various awards for women empowerment and leadership