Agilitee Expands Roll out of Electric Vehicles into Zimbabwe
Agilitee, the market leader in Artificial Intelligence, electric vehicles and the green revolution giant has as of today the 26...
Business
Safaricom Investment Co-Op Breaks Ground On Sh750M Residential Development
Safaricom Investment Co-operative has today held its groundbreaking for The Miran Residence, a luxurious urban residential development situated in the...
Revolutionary Sewer System in Narok Used as Case Study in South Africa
Narok Town’s first sewerage system has been internationally recognised for its positive effects on reducing incidences of waterborne diseases. Narok’s...
Taking the Gaming Experience to the Next Level with LG OLED Gaming Monitor
Gaming as we know it has changed. Each day comes with new trends, putting developers on their toes trying to...
Parents Urged to Protect Minors from Inappropriate Content
The Kenya Film Classification Board (KFCB) has urged parents, caretakers and guardians to be more vigilant and closely monitor the...
Murang’a Assembly Speaker Pledges to Work With MCAs
By John Kariuki Newly elected Murang'a Speaker Johnson Mukuha has thanked members of County assembly for having confidence in him...
KCB Group feted for scaling efforts in sustainable finance
KCB has been named the Best Bank in Sustainable Finance by the Kenya Bankers Association (KBA), in recognition of its efforts in creating a more sustainable business enterprise environment through its deliberate socio-economic interventions. The Bank also emerged second Runners-Up in the category of Best Bank Response to Covid-19 pandemic. The awards spearheaded by KBA under its Sustainable Finance Initiative (SFI) Catalyst Awards recognizes financial sector players for their commendable progress in creating long-term value by funding initiatives designed to mitigate the negative impacts of climate change, building a resilience socio-economic environment, and help build a more sustainable future for humanity. The award comes at a time when institutions are being called upon to embrace sustainable practices by adopting the UN Sustainable Development Goals (SDGs) as a guide to assist in the attainment of reduced global net human-caused emissions of carbon dioxide by about 45 per cent by 2030. To align, the Group has adopted 9 of the global goals, to ensure it creates the most impact to the environment, society, and economy. These are tracked through various key performance indicators that are championed by various businesses within the organization. Speaking about this achievement, KCB Group CEO Paul Russo said, "We are privileged and honoured to be the top mover of the Sustainability Agenda. The win reinforces our commitment to building a brand that is not only focused on profits alone but on the customers and the communities we serve. At KCB, we acknowledge that we are in a decade of action that requires us to fast track our ambitions in achieving sustainable development by 2030.’ In line with the Groups adopted SDG 13 – Climate Action, we are aware of the effects our operations may have on the environment and life on earth. We are therefore stepping up our climate finance initiatives with strategic partnerships. These have been established through meaningful collaborations with the International Finance Corporation (IFC) and Global Climate Fund (GCF) to finance green economies that will aid in the mitigation and adaptation effects of climate change. KCB Group has been accelerating sustainable finance not only in Kenya but also across the region, consequently accelerating t h e transition to a low-carbon resilient. Currently, the Group has set a target of transitioning 25% of its total loan portfolio to green investments by 2025, as part of its Net Zero ambition.
Huawei to power Absa’s new branch network digital transformation
Huawei Technologies and Absa Kenya have come together to build a new platform to drive it's corporate digital transformation program....
Jijenge Granted CBK Nod to Continue Rolling out Financial Services
By John Kariuki The Chief Executive Officer of Jijenge Credit Limited Mr Peter Macharia Kamau has welcomed Central Bank of...
Kenya Extends Generosity to Pakistan
By John Kariuki The cordial bilateral relations between Kenya and Pakistan have continued to gain momentum to the benefit of...
