KCB Bank has been named the Best Sustainable Bank in Kenya by the International Business Magazine for its efforts in driving and ensuring the adoption of sustainable and green financial initiatives.
The International Business Magazine, a Dubai-based global magazine recognized the Bank as a trailblazer in the sustainability agenda.
KCB has been at the forefront in championing and mainstreaming the adoption of sustainable financial business models, specifically in areas such as responsible lending and green finance.
KCB Group CEO and Managing Director Joshua Oigara said: “We are alive to the fact that business is no longer just about profits but also transforming the communities around us and taking care of people and the planet.”
The award comes at a time when the World is grappling with the consequences of climate change as a result of disregarding the implications of its effects, with organizations attempting to meet the Sustainable Development Goals (SDGs) as well as the goals of the United Nations' Paris Climate Change Agreement as a means of addressing climate change concerns.
“Climate change is a global concern and we as leaders, have an overarching responsibility of ensuring a better today and tomorrow. We have taken the lead by integrating and aligning our day-to-day business operations with the SDGs that are all about ensuring long-term business success while contributing towards economic and social development, a healthy environment, and a stable society. We are really proud that our efforts are being recognized globally,” said Mr Oigara.
The bank has continuously assessed and disclosed its green gas emissions related to the Bank's lending portfolio which includes setting emission targets for customers to address climate change-related risks. It aims to keep its carbon footprint within a 10% reduction trajectory as a as part of its commitment to be net zero by 2050.
KCB Bank was the first bank in the region to receive accreditation in Kenya by the Green Climate Fund (GCF). The move paves way for us to receive GCF funding for on-lending to green and climate-friendly projects in the region.
This keen focus on adopting sustainable business models has seen KCB Bank being recognized as the ‘Best Investment Bank” by the Global Finance - World's Best Bank Awards 2022 as well as the “Most Valuable Banking Brand Kenya 2022” by Brand Finance.
About KCB Bank Kenya Ltd
KCB Bank Kenya Limited is the largest commercial bank in the country. A subsidiary of KCB Group Plc, the Bank has the largest branch network, with over 200 branches, 367 ATMs and 16,000 agents offering banking services on a 24/7 basis in East Africa. This is complemented by mobile banking and internet banking services with a 24-hour contact center services for our customers to get in touch with the Bank. KCB Group Plc- which also has presence in Uganda, Tanzania, South Sudan, Burundi, Rwanda and a representative office in Ethiopia also boasts of a wide network of correspondent relationships totaling over 200 banks across the globe and our customers are assured of a seamless facilitation of their international trade requirements wherever they are.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
One of the largest CPG Pitch Slams in India, offering participants a chance to win one year of free access to NIQ data, valued at $30,000!<
 (1)_1713611592.jpg)
Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India
New D
Business / 29-04-2024
CSMIA's cargo operations thrive in FY 2024, driven by 10% rise in international volumesEducation / 29-04-2024
“69% Female Representation in MBA Analytics, Underscores the Evolving Landscape of Education – Sandeep Singh, Chairman BoG – IIM Kashipur”Business / 29-04-2024
NIQ Announces Inaugural ‘NIQ Founders Pitch Slam’ Competition for Emerging CPG Brands in Indiaeducation / 29-04-2024
IIT Kanpur is inviting applications for the 4th batch of eMasters degree program in Data Science and Business AnalyticsKerala / 29-04-2024
CII Digital Saksham Transforms Kerala's Entrepreneurial Landscape: Empowering Micro-Businesses for a Digital FuturePelikken © Copyright 2022, All Rights Reserved
