We are committed to operating sustainably and lending responsibly. We continue to assess and address our climate-related risks and opportunities and set up processes that enable us to enhance our approach to managing climate risks. In addition, through our environmental and social due diligence process, we support our customers institute measures to mitigate any adverse impacts they may have on the environment.
Green loans stand at 15% of the total loan book.
We seek to grow the green loans to 25% by 2025.
Reduced the Group greenhouse gas emissions by 28% from a 2019 baseline.
Screened a cumulative of KShs. 1.1 trillion since 2020 under the ESDD process.
Planted over 1 million tree seedlings.
We seek to plant and grow 1.8 million trees by 2028
We have a detailed road map on embedding climate- related risk management, which we developed in 2022 in line with the guidelines on climate-related risk management issued by the Central Bank of Kenya. We have also updated our Enterprise Risk management framework to ensure the identification, assessment, management, and reporting of climate-related risks which help increase our understanding of the risks and opportunities in our portfolios and enhance our forward-looking analysis.
The Group has been monitoring its resource usage since the establishment of the initial baseline in 2019 for scope 1 and 2 emissions. Our target is to achieve an annual decrease of 5%.
Read MoreThe screening of loans under our environmental and social due diligence (ESDD) process is conducted for proposed and ongoing projects to ensure our financing does not pose negative effects
Read MoreThe screening of loans under our environmental and social due diligence (ESDD) process is conducted for proposed and ongoing projects to ensure our financing does not pose negative effects
Read MoreThis will determine the baseline data for our downstream activities in the energy, transport, real estate, and housing sectors. These sectors were selected as they are high-emitting sectors, and thus huge contributors to climate change, and additionally represent a significant portion of the Bank's loan portfolio. We will report on these emissions in accordance with IFRS Sustainability Disclosure Standards in our subsequent annual disclosures beginning with our 2024 reporting period as guided in the Standard.
To ensure sustainable consumption and production patterns.
KCB reduces internal resource consumption, promotes ethical practices among suppliers and supports energy efficient lighting. We prioritise local procurement and encourage corporate clients to adopt the supplier code of conduct, a shared value strategy, sustainability, social and environmental policies.
To ensure sustainable consumption and production patterns.
Zero Hunger KCB reduces internal resource consumption, promotes ethical practices among suppliers and supports energy efficient lighting. We prioritise local procurement and encourage corporate clients to adopt the supplier code of conduct, a shared value strategy, sustainability, social and environmental policies.
To ensure sustainable consumption and production patterns.
Good Health and Wellbeing KCB reduces internal resource consumption, promotes ethical practices among suppliers and supports energy efficient lighting. We prioritise local procurement and encourage corporate clients to adopt the supplier code of conduct, a shared value strategy, sustainability, social and environmental policies
To ensure sustainable consumption and production patterns.
KCB reduces internal resource consumption, promotes ethical practices among suppliers and supports energy efficient lighting. We prioritise local procurement and encourage corporate clients to adopt the supplier code of conduct, a shared value strategy, sustainability, social and environmental policies.