Letshego expands ESG footprint as 1.4m new customers join

… commits GH¢113m (US$9.59m) to green mobility

Letshego Savings and Loans expanded its environmental, social and governance (ESG) footprint in 2025 by reaching 1.4 million new customers and committing GH¢113 million (US$9.59 million) to green mobility financing, as part of its strategy of linking financial inclusion with sustainable development.

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The company, in its 2025 Sustainability Snapshot, said it continued to advance sustainability through expanded access to finance, clean energy initiatives, support for women entrepreneurs and investments in employee development.

The lender said its ESG agenda is anchored on empowering individuals, businesses and communities through responsible lending, digital innovation and inclusive economic growth.

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“At Letshego Ghana, sustainability remains central to our purpose of improving lives through responsible lending, financial inclusion, innovation, and sound governance. In 2025, we continued to deliver meaningful economic and social impact while strengthening operational resilience and maintaining responsible business practices,” Nii Amankrah Tetteh, Letshego’s Chief Executive said.

Under its social impact programme, Letshego reported continued efforts to extend affordable credit to underserved populations while supporting entrepreneurship and economic participation across communities.

The company said it served 1.4 million new customers during the year, bringing the total number of customers reached to 8.3 million. Women accounted for 40 percent of customers served, reflecting the company’s efforts to promote financial inclusion and economic empowerment among women.

As part of its commitment to advancing gender equality, Letshego said it continued to support women-led enterprises while implementing initiatives aimed at creating opportunities for vulnerable groups.

The company also highlighted investments in employee development and workplace wellbeing. According to the report, 98 percent of employees participated in learning programmes through the Udemy digital training platform during the year.

Female workforce representation increased by 25 percent year-on-year, while women occupied 38 percent of board positions.

On the environmental front, Letshego said it expanded support for renewable energy and sustainable transport initiatives through targeted financing programmes and strategic partnerships.

Among the initiatives highlighted was a solar financing partnership supporting more than 400 Catholic Church institutions to adopt renewable energy solutions.

The company also disclosed that it provided GH¢113 million (US$9.59 million) in green mobility financing through a partnership with Wami Mobility, contributing to the avoidance of more than 307 tonnes of carbon dioxide emissions through sustainable transportation alternatives.

Letshego further cited efforts to reduce its environmental footprint through paperless operations, energy efficiency measures and community clean-up activities.

The governance component of the company’s ESG strategy focused on strengthening risk management, regulatory compliance and information security systems.

According to the report, Letshego maintained ISO 27001-certified information security standards while enhancing customer data protection, anti-money laundering controls and broader governance practices.

The company said its sustainability agenda aligns with several United Nations Sustainable Development Goals, including No Poverty, Gender Equality, Affordable and Clean Energy, Decent Work and Economic Growth, Reduced Inequalities, Climate Action and Peace, Justice and Strong Institutions.

Letshego also highlighted its broader economic contribution through taxes, employment and pension payments.

This comes as the company reported GH¢9.1 billion (US$772.5 million) in loan disbursements during 2025, a loan book of GH¢1.2 billion (US$101.9 million) and year-on-year loan book growth of 72.55 percent.

Consequently, Letshego Ghana made a combined fiscal and employment-related contribution of GH¢119.4 million (US$10.1 million) to the Ghanaian economy in 2025. The company paid GH¢81 million (US$6.87 million) in company income tax and other levies, and remitted GH¢27 million (US$2.29 million) in withholding taxes on behalf of the government. Employee-related contributions included GH¢5.8 million (US$492,359) in Pay-As-You-Earn taxes and GH¢5.6 million (US$475,382) in pension contributions.

The company said it remains focused on leveraging finance as a tool for economic empowerment while embedding sustainability principles across its operations and stakeholder engagements.

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