When one size doesn't fit all: ABSA's social lens on sustainability in Africa
Update: 2025-09-09
Description
What does a ‘just transition’ really mean in practice? In this episode of the LSEG Sustainable Growth podcast, Punki Modise, Group Chief Strategy & Sustainability Officer at Absa Group discusses the link between sustainability and long-term value creation, how they are measuring social impact and the current challenges facing sustainable finance in Africa.
Chapters
- (00:00:00 ) - Introduction
- (00:01:49 ) - Why sustainability is embedded in ABSA's corporate strategy
- (00:04:40 ) - Making social and business sense
- (00:07:47 ) - Shareholder reception
- (00:09:11 ) - Measuring social impact on the ground
- (00:11:20 ) - What does a 'just transition' look like?
- (00:13:45 ) - Unpacking ABSA's decision to opt out of the Net Zero Banking Alliance
- (00:15:39 ) - Three critical sustainable finance challenges in Africa
- (00:17:24 ) - Infrastructure gaps and energy poverty
- (00:19:11 ) - Policy
- (00:21:41 ) - ABSA's vision for 2030
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