The EDGE certification sets an example for developers and investors across the board, proving that it’s possible to build large-scale commercial properties that are both economically viable and environmentally sustainable.  

Nedbank's In-house team of green experts championed a global-first sustainability deal

The Nedbank Property Finance Team partnered with Attacq Limited to incorporate energy-efficient technologies and environmentally responsible practices into the operation of Mall of Africa. This certification reinforces the trend towards environmental, social, and governance (ESG) principles becoming a priority for developers and investors worldwide. It also underscores Nedbank's commitment to creating sustainable finance solutions.

As the leader of green-building finance, Nedbank seeks to make a positive impact on the global movement towards achieving net-zero emissions and ensuring long-term sustainability across industries.  

Minimising environmental impact: A shared goal

Nedbank's support for the EDGE certification of Mall of Africa underscores its commitment to sustainability and promoting green building across Africa. The bank has long been at the forefront of ESG investment and is a leader in offering innovative finance solutions that support sustainable infrastructure. Nedbank's Property Finance Team has not only enabled Attacq to achieve EDGE certification, but has also helped align Mall of Africa with global green-building practices.

Minimising environmental impact was a key goal for the owners of the mall. Attacq Limited, the company behind the project, implemented a wide range of innovative measures to ensure that the mall's operational design met global ESG standards. These measures were aimed at promoting the efficient use of resources while minimising the building's environmental footprint.

With the expertise of the Nedbank Property Finance Team, Mall of Africa achieved a 53% saving on energy and 28% reduced water consumption. This reduction in resource consumption is evident in the effectiveness of the strategies implemented by the property owner, with guidance and expertise from the Nedbank Property Finance EDGE experts

Nedbank provides value added property finance

Through their dedication to energy and water efficiency, sustainable building practices, and a shared vision for a greener future, Nedbank and Attacq have set the benchmark for more sustainably built real estate in Africa.

When you see unexpected connections, you see sustainable growth

Using the expertise of the Property Finance Team, Nedbank CIB has demonstrated that purpose-driven business practices can lead to positive results. Through their industry knowledge and innovative solutions, Nedbank has assisted the mall in implementing efficiency measures that are both financially sustainable and environmentally responsible.

Their strategic partnership with Attacq Limited, and commitment to building a sustainable future for all, further demonstrates the power of collaboration.

Nedbank's continuous dedication to building a sustainable future for all reinforces the importance of corporate responsibility and thoughtful investment in addressing environmental challenges. Together with Attacq, they have established a benchmark for sustainable development across the globe.

This collaboration also underscores the critical role financial institutions play in promoting and financing the development of green and sustainable real estate projects. As leaders in driving environmental change across the property sector, the partnership between Nedbank and Attacq is a reminder of how financial institutions, through their influence and resources, can help pave the way for a more sustainable and equitable future in the real estate industry.