• Wed. Apr 24th, 2024

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KCB Cuts Carbon Footprint, Screens KShs. 336B worth of Loans for Climate Related Risks

375 300 KCB Bank has screened loans worth over KShs. 336 billion for social and environmental risks while increasing its green portfolio in the past two years, bolstering its push for sustainable finance. The Bank has also significantly cut its carbon footprint by 11.25% in its premises across the six countries it operates in, on a deliberate push to reduce carbon emissions from its operations. In details contained in the latest Sustainability Report launched today, KCB resource consumption was down by 17%, on the back of a deliberate cut in the use of fuel, water, electricity, and…