Organisational overview and external environment

• Conciseness
• Materiality
• Stakeholder relationships

Key observations:

Nedbank provides a thorough introduction to the Report. Clearly identifying the scope of the Report, providing insights into the assurance process and independent assessment delivers the reader with a concise overview of what can be found in the Report and the reliance which can be placed on this. Nedbank also identifies the other reports and supplementary information which should be read in conjunction with the Integrated Report for a complete picture of the business.

The following page outlines the company’s material issues by stakeholder group – economic, environmental, social and cultural. These four areas are identified as key to integrating sustainability into the business and are discussed further in the Report under the ‘investment case’ discussion as the fifth prong, on page 12.