Our Credentials (awards & partners & indices & rating agencies)

Our commitment to leading in sustainable development finance is recognized by local and international awards. Guided by our vision to use our financial expertise for the good of individuals, families, businesses, and society, we aim to be the most admired financial services provider in Africa. Together, we will continue to build a future where banking drives economic growth and sustainable progress.

Sustainability Awards

2024

• 2024 Global Banking & Finance Review: Best Bank for Sustainable Development (South Africa) — Winner
• 2024 EY Excellence in Integrated Reporting Awards: Top 100 JSE-listed Companies — Overall Winner
• 2024 Black Business Awards: Transformation Champion Award — Winner
• 2024 Global Finance Magazine Awards:
  • 2024 Best Bank for Diversity and Inclusion (Global and Mozambique)
  • 2024 Best Bank for Sustainable Finance (South Africa) — Winner
  • 2024Environmental Finance: Best Financial Inclusion Services Provider in South Africa — Winner
  • 2024 Forbes World’s Best Employers: Best Employer in South Africa — 2nd Place
  • 2024 Euromoney Awards: The World’s Best Bank for Diversity and Inclusion — Winner

2023

• 2023 Global Finance Magazine Awards: Outstanding Leadership in Sustainable Bonds (winner)
• 2023 Global Finance Magazine Awards: Outstanding Leadership in Sustainable Bonds (winner)
• 2023 Banks and Banking Survey Awards:Corporate Governance, Social Responsibility & Sustainability in Zimbabwe (winner)
• 2023 Global Banking & Finance Awards: Best Corporate Sustainability Strategy South Africa (winner)
• 2023 Environmental Finance Awards: Sustainability-linked Loan of the Year (Africa) (winner)
• 2023 African Banker Awards: Sustainable Bank of the Year (winner)

2022

• 2022 Global Finance: The Innovations Awards- Outstanding Innovation in ESG (Green Res Dev Bond) (winner)
• 2022 Environmental Finance Impact Awards: Lender of the Year (winner)
• 2022 Global Banking & Finance Awards: Best Corporate ESG Strategy South Africa (winner)
• 2022 Global Finance Sustainable Finance Awards: Outstanding Leadership in green bonds (winner)
• 2022 Top Empowerment Awards- Top Empowered: Youth Employment Service YES Initiative (winner)
• 2022 Top Empowerment Awards-Top Empowered Company: Enterprise & Supplier Development (winner)
• 2022 Global Finance Sustainable Finance Awards: Outstanding Leadership in Sustainability-Linked Bonds (winner)
• 2022 Bonds, Loans & ESG Capital Markets Africa Awards: Local Currency ESG & Sustainable Finance Deal of the Year (winner)

2021

• 2021 Global Banking and Finance Awards: Nedbank Group was awarded Best Bank for Sustainable Development in South Africa.

2020

• 2020 African Banker Awards: Nedbank’s Green Renewable Energy Bond was awarded the Energy Deal of the Year.
• 2020 Euromoney Private Banking and Wealth Management Survey: Nedbank Private Wealth named Top Private Bank and Wealth Manager in SA for ESG/Social Impact Investing and Philanthropic Advice.
• 2020 Raging Bull Awards: Nedgroup Investments named Offshore Management Company of the Year for the fifth year in a row.

ESG Credentials

• NASDAQ Sustainable Bond Network: Nedbank first SA sustainable bond issuer to be invited to join.
• Renewable Energy Bond (2019): Nedbank became the first bank in South Africa to list a Renewable Energy Bond on the green segment of the JSE.
• SA Carbon Disclosure Project Index 2023: Scored an 'A' for performance. Score recognises our corporate environmental action on climate change.
• FTSE4Good Index: Among top 26% of global banks and a FTSE4Good Index constituent.
• Green Buildings: Nedbank occupies 10 Green Star-rated buildings with 18 Green Star ratings across various rating certifications, including Office and Existing Building Performance.
• Carbon-neutral status: Africa’s first carbon-neutral financial organisation. Carbon-neutral since 2010.
• FTSE/JSE Responsible Investment Top 30 Index: Constituent of the index.
• Dow Jones Sustainability Emerging Markets Index 2020: A global performance benchmark for companies in terms of corporate sustainability. Included since 2004. Inclusion helps attract investment to the company.
• WWF-SA Water Source Areas partnership (2019-2023): Invested R25m (R5m annually over five years) to safeguard critical water source areas, improve rural livelihoods and promote land stewardship.
• WWF Nedbank Green Trust partnership: Invested over R300m since the trust’s inception in support of over 200 environmental projects throughout SA.
• Independent ESG ratings: Nedbank rates well among its global peer group.

Memberships

Where we are represented or a signatory

The UN SDGs | King IV | The UN Environment Programme Finance Initiative (UNEP FI): (UNEP FI): Africa Network | The United Nations Global Compact | The United Nations CEO Water Mandate |The United Nations Principles for Responsible Investment (UN PRI) | The Code for Responsible Investing in South Africa (CRISA) | The National Development Plan (NDP) | The Banking Association South Africa (BASA): Sustainable Finance Committee, Positive Impact | The Finance Task Group, Climate Risk Forum and the Disclosure Working Group | The Association of Ethics Officers in Africa | The Organisation for Economic Cooperation and Development (OECD): Financial Sector Mapping | The Advisory Group | The National Business Initiative | The Alliance for Climate Action | The International Finance Corporation (IFC) Performance Standards | The Equator Principles