Thursday, August 14, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards

Simon Osuji by Simon Osuji
March 4, 2025
in Business
0
KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG AwardsKCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards

KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards

Related posts

Egypt issues a stern warning to Ethiopia, promising to take action under international law

Egypt issues a stern warning to Ethiopia, promising to take action under international law

August 13, 2025
Shiba Inu Price Target Surges as Shibarium Hits $1.5B

Shiba Inu Price Target Surges as Shibarium Hits $1.5B

August 13, 2025

KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards

Lender received recognition for its ESG and Sustainability Reporting

KCB Group has been recognized for its industry-leading commitment to Environmental, Social, and Governance (ESG) disclosures, winning the Best Organization in ESG Transparency and Disclosure at the 2nd Edition of the Kenya ESG Awards 2025.

This announcement was made during the award ceremony organized by the Kenyan Entrepreneurs’ Conference on Trade and Development (KENCTAD), held on 28th February 2025 at the Simba Corporation Aspire Centre in Westlands.

The event brought together key stakeholders in the ESG space, representing a diverse range of sectors.

The award recognizes KCB Group’s leadership in ESG excellence and its consistent efforts in transparently reporting on Environmental, Social, and Governance initiatives, which is a critical aspect of fostering sustainable economic growth.

“This accolade reflects our leadership in ESG transparency and reinforces our position as a frontrunner in sustainable banking practice. For over a decade, we have strived to earn the trust of all our stakeholders through transparent disclosure of our operations, ESG commitments, and progress towards a more sustainable future,” said KCB Group CEO Paul Russo.

 

Over the past decade, KCB Group has demonstrated a strong commitment to sustainability through transparent reporting and impactful initiatives.

Since publishing its first sustainability report in 2008, the Bank has aligned its operations with global ESG standards, earning the trust of stakeholders and positioning itself as a leader in sustainable banking practices.

The recently launched 13th sustainability report marks a historic milestone as the first limited-assured sustainability report by a financial institution in East Africa.

 

Recently, the Bank received approval of USD 540,000 (KShs. 69 million) from the UN Green Climate Fund to support grant project preparation activities.

The funding is part of a large project valued at USD 118.25 million (KShs. 15.3 billion) that will support MSMEs in adopting climate-smart solutions.

These efforts highlight KCB’s alignment with the UN SDGs 12 (Responsible Consumption and Production) and 13 (Climate Action).

KCB Bank Kenya is set to receive USD 100 million (KShs. 12.9 billion) from the British International Investment (BII) to support its lending capacity to climate-related projects and women led small and medium-sized businesses.

KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG AwardsKCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards

KCB Honored For Outstanding ESG Transparency And Disclosure At The 2025 Kenya ESG Awards

The funding will benefit individuals in the informal sector through the Female-Led and Made Enterprises (FLME) program.

 

KCB Group’s dedication to sustainable finance is also evident through its comprehensive Environmental and Social Due Diligence (ESDD) framework, which has evaluated over KShs. 1 trillion since its launch in 2020.

Additionally, through the Linda Miti initiative, the Bank has planted and nurtured over 1 million trees, reflecting its dedication to combating climate change and promoting biodiversity.

 

As one of Kenya’s pioneers in sustainable finance, KCB Group actively supports green industries, promotes energy transition, and encourages its clients to adopt ESG principles.

The Bank also contributes to reducing greenhouse gas emissions in alignment with national targets and global best practices.

Source link

Previous Post

Hon. Mkhuleko Hlengwa to Deliver Keynote Address at DEVAC INFRASTRUCTURE SUMMIT 2025

Next Post

3 Currencies To Peak If Trade War Ends Up Alienating The US Dollar

Next Post
3 Currencies To Peak If Trade War Ends Up Alienating The US Dollar

3 Currencies To Peak If Trade War Ends Up Alienating The US Dollar

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Africa’s Top-brass Universities Empowered by 5G Tech Spaces at Conference of the Parties (COP28) United Arab Emirates (UAE)

Africa’s Top-brass Universities Empowered by 5G Tech Spaces at Conference of the Parties (COP28) United Arab Emirates (UAE)

2 years ago
Copyright questions loom as ChatGPT’s Ghibli-style images go viral

Copyright questions loom as ChatGPT’s Ghibli-style images go viral

5 months ago
Chinese manufacturers “expose” where luxury brands are really made

Chinese manufacturers “expose” where luxury brands are really made

4 months ago
Hong Kong is testing out its own ChatGPT-style tool as OpenAI planned extra steps to block access

Hong Kong is testing out its own ChatGPT-style tool as OpenAI planned extra steps to block access

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.