Bidvest Bank
Sorry, we don't know enough about Bidvest Bank yet.
African Bank Limited is not transparent about its lending activities, so we cannot rule out that it finances the fossil fuel industry. The absence of detailed greenhouse gas emissions reporting makes it difficult to assess its environmental impact.
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We would like to see Bidvest:
- Disclose the extent of its financing of the fossil fuel sector
- Introduce a policy that it will not lend to fossil fuel companies
We'd like is to measure greenhouse gas emissions enabled by its lending and set science-based climate targets over those emissions. It needs to start financing renewable energy companies and projects.
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