Full annual report - African Bank - Investoreports

accountability
and measured against set targets and will be reviewed annually and amended as targets are attained. The targets set are
as follows:
Environmental aspect Target (CO 2 e = CO 2 equivalent)
Energy A 10% reduction in energy usage by 2014 from 2010 baseline of 61 303 tons CO 2 e,
i.e. target for 2014 is 55 173 tons CO 2 e and 34% by 2020, i.e. target for 2020 is
40 460 tons CO 2 e, relative to current operational size.
Water Establish baseline by December 2012 and reduce our water consumption at our
main campuses and outlets by a minimum of 10% by 2014. Longer term targets will
be set by March 2013.
Paper Paper consumption will be reduced by a minimum of 10% by 2014 with longer term
targets to be set by March 2013.
Paper recycling statistics are recorded on a monthly basis with targets relative to
paper reduction to be set by March 2013.
General waste Record accurate data on all general waste that has been recycled and sent to landfill
by December 2012 with longer term targets to be set by March 2013.
Business travel (employee commuting,
employees reimbursed travel, transport
of supplies, business flights and car
rental)
Scope 1 emissions (diesel consumption
for generators, refrigerants, group
owned vehicles)
Reporting, monitoring and measuring ABIL’s carbon
footprint
ABIL has again been included in the JSE’s Socially Responsible
Investment (SRI) index.
The Carbon Disclosure Project (CDP) is our key area of
reporting on environmental sustainability and through this
channel and others ABIL publishes environmental
sustainability and carbon footprint data. ABIL’s Scope 1, 2 and
3 emissions were verified by the group’s internal audit team as
well as an independent third party for the first time in 2012.
ABIL’s scores for 2012 were 93% for disclosure and a B rating
for performance (in relation to 2011 scores of 74% for
disclosure and a D rating for performance).
The group’s Scope 1, 2 and 3 emissions were verified
by the group’s internal audit team as well as an
independent third party for the first time in 2012.
A 10% reduction in business travel by 2014 from a 2010 baseline of 13 152 tons
CO 2 e, i.e. target for 2014 is 11 837 tons CO 2 e by 2014.
A 10 % reduction in scope 1 emissions by 2014 from 2010 baseline of 24 328 tons
CO 2 e, i.e. target for 2014 is 21 895 tons CO 2 e by 2014.
ABIL’s carbon footprint
Methodology The GHG protocol methodology was used.
An external expert was consulted where
clarity was needed for emission factors
that were not available for South Africa.
Inclusions ABIL’s group activities, equipment and
operations, as well as employee commuting,
business travel, waste generation for central
offices and branches are also included.
Exclusions Non-South African business operations for
the Retail unit are excluded as it is not
significant to the total impact.
Our carbon footprint for the reporting period October 2010 –
September 2011 (2011 financial year) was 73 450 metric tons
of CO e emissions which are broken down as follows:
2
African Bank Investments Limited | Integrated Report for the year ended 30 September 2012 169