NCBA last week received the 3rd overall award in Kenya at the 2024 Kenya Bankers Association (KBA) Sustainable Finance Awards.
This announcement was made during the inaugural Banking Industry Sustainable Finance Summit & 2024 Catalyst Awards, by the KBA in Nairobi. The event brought together key stakeholders to explore the role of sustainable finance in shaping the future of Kenya’s economy.
Since 2016, the KBA Sustainable Finance Initiative has been honouring organisations that lead in sustainable practices. These awards highlight companies that incorporate Environmental, Social, and Governance (ESG) factors into their operations, promoting responsible financial practices and fostering sustainable economic growth.
In August last year, NCBA Group committed to mobilising KES 30 billion for green and sustainable financing by 2030.
The group identified sustainability as one of its priorities and has set 15 ambitious commitments by 2030; notably to grow 10 million trees through strategic partnerships with private actors and government, fully eliminate single use plastic, ensure 100% waste recycling, green its supply chain and investing significantly in deploying EV charging stations across the region.
NCBA said in a statement that this achievement underscores its deep commitment to driving sustainability through innovative financial solutions that empower businesses, protect the environment and uplift communities.
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