Sustainability is about ensuring long term business success while contributing towards economic and social development, a healthy environment and a stable society. Put simply, sustainability is anchored in 3Ps i.e. Planet, People and Profit.
Social sustainability through welfare of communities as well as our employees.
Environmental sustainability through protection of natural resources
Financial stability of the financial institution and its clients, so that they continue to make long term contribution to development as well as Economic sustainability of projects and companies the financial institution finances
We have adopted and integrated 9 of the United Nations Sustainable Development Goals (SDGs) into our operational goals. The SDGs provide us with a new way of looking at how our business is contributing to the needs and ambitions of society.
Decent Work and Economic Growth
Industry, innovation and infrastructure
Sustainable Cities and communities
Responsible consumption & production
Peace, Justice & strong institutions
Partnerships for The Goals
KCB Group tracks and measures the performance of the company’s progress in achieving goals in the strategy through the 10-point action plan. Below are the key indicators and how we have performed over the past year.
Our commitment to develop equitable, inclusive products equitable, inclusive products and to support our youth and communities to prosper and thrive, enables us to create shared value.
We support responsible finance and consumption, green finance and lowering our Carbon Footprint to protect and enhance the environment on which we depend.
Transformative partnerships help us provide access to financial products and services that leads to inclusive progress.
Regulatory compliance, innovative and robust systems, security and ethics are critical components that form the foundation of a stable and prosperous economy in which we operate.
Cyber security awareness & fortification
Align our business strategy with societys goals as expressed in the SDGs, Paris Climate Agreement and other frameworks
Commit to transparency and accountability for our positive and negative impacts, and our contribution to societys goals
Continuously increase our positive impacts while reducing our negative impacts
Implement commitments through effective governance and setting targets for our most significant impacts
Work responsibly with our clients and customers to create shared prosperity for current and future generations
KCB’s Eco-efficiency through the KCB green agenda. KCB’s Sustainability Reporting which is basically expanding the traditional reporting framework to take into account ecological and social performance in addition to financial performance (Annual reports). KCB Sustainable banking through KCB SEMS (Social and Environmental Management System) Social and Environmental Management System is a framework that integrates social and environmental risk management into business process and aids the Financial Institution to avoid and manage loans with potential social and environmental risks by conducting social & environmental due diligence prior to loan disbursement.