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 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.
“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.
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.