Having released their 2020 Transformation Report,
we can be certain that Nedbank’s efforts to enforce positive change and community upliftment have paid off.
In financial year 2019, the company has now retained a level 1 B-BBEE contributor status for the second consecutive year,
having retained level 2 B-BBEE contributor status for 10 consecutive years since 2009.
Among other things, 2019 saw Nedbank becoming the first commercial bank to launch a Green Bond on the JSE,
which lead to a second bond being issued that raised R1-billion, all of which will be applied in support of renewable energy projects.
Further to this, through their partnership with the Y.E.S initiative, the company has made remarkable strides in South African youth empowerment.
Nedbank has embraced its role as change agent and active contributor to building a thriving society and is extremely proud to have welcomed over 3 000 Y.E.S recruits to the company.
We spoke with Kershini Govender, Executive Head of Transformation and Strategy at Nedbank Limited.
Kershini highlighted some of the ways Nedbank has been doing good both inside and outside the company,
KERSHINI GOVENDER and talked us through how they, as a company, are supporting their staff and stakeholders during these unprecedented times.
NEDBANK HAS RETAINED A LEVEL 1 B-BBEE CONTRIBUTOR STATUS FOR
THE SECOND CONSECUTIVE FINANCIAL YEAR IN A ROW – CONGRATULATIONS – HOW HAS THIS BEEN ACHIEVED AND MAINTAINED?
Nedbank’s transformation approach supports both national and business priorities
KERSHINI GOVENDER and our strategic intent is linked to our purpose statement to use our financial expertise to do good.
We are further guided by some key principles and a robust governance structure to ensure execution in line with our agenda to lead transformation.
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