Nedbank Group Ltd.

Unverified
Country
XX
Sector
Banks
Website
www.spglobal.com
1 Assurance Report
1 Framework
1 Certification
1 Second Party Opinion
1 Impact Report

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Nedbank Limited, South Africa FRAMEWORK
Issuer sector/industry classification
Banks SPO 2025 2025
Issuer type
Bank SPO 2025 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Nedbank Sustainable Finance Fundraising Framework SPO 2025 2025
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds, Green loans, Social loans, Blue bonds SPO 2025 2025
Eligible use-of-proceeds categories
Renewable energy, energy-efficient buildings, clean transport, water projects, nature-based solutions, affordable housing, healthcare, education, financing small and midsize enterprises SPO 2025 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
S&P Global Ratings, October 24, 2025 SPO 2025 2025
Assurance provider name and engagement period
Carbon Trust Assurance Limited, 2019 CERTIFICATION 2019 2019
Pre-issuance verification type
Pre-issuance verification of Climate Bonds Standard readiness CERTIFICATION 2019 2019

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned SPO 2025 2025
Alignment with ICMA Social Bond Principles
Aligned SPO 2025 2025
Alignment with UN Sustainable Development Goals
Yes - contributes to SDGs through climate, renewable energy, water, and social projects FRAMEWORK
Alignment with Climate Bonds Standard
Assessed for conformance with Climate Bonds Standard pre-issuance requirements CERTIFICATION 2019 2019

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Partner with financial experts who do good; committed to Paris Agreement goals and net-zero carbon economy by 2050 FRAMEWORK
Sustainability strategy pillars and focus areas
Climate resilience, transition to net-zero, renewable energy acceleration, fossil fuel phase-out, green economy transition, SDG contribution FRAMEWORK

Sustainability & Climate Commitments

Net zero target year for financed emissions
2050 FRAMEWORK

ESG Framework & Governance

Internal ESG governance structure
Dedicated Group Climate Resilience Committee FRAMEWORK
Climate governance structure
Group Climate Resilience Committee with governance, strategy, risk management, metrics and targets oversight FRAMEWORK
ESG integration framework and methodology
Three-lines-of-defence Model with coordinated combined assurance; climate risk integrated into credit, market, operational and funding risks FRAMEWORK

Proceeds Allocation & Reporting

Allocation reporting methodology
Tangible frameworks and strategies to measure and report financed emissions with dedicated team FRAMEWORK

Impact Metrics & Reporting

Impact reporting methodology
Financed emissions measurement and reporting; change measured through tangible frameworks and strategies FRAMEWORK
Environmental impact metrics focus
Green-embedded energy generation and renewable energy funding relative to fossil fuel funding FRAMEWORK