New accountability tools to support efforts to resolve the learning crisis in Africa
31 300Human Capital Africa convened Heads of State, Ministers of Education, business leaders, civil society organisations and prominent African intellectuals…
KCB Group feted for scaling efforts in sustainable finance
29 300KCB 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.
Sound and Convenience Are What Makes LG XBoom Speakers Tick
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Ola, Chandaria partner to conserve the eenvironment
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Samsung Targets Gamers with TV Innovation
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Safaricom Investment Co-operative breaks ground on 750 M residential development
34 300Safaricom Investment Co-operative has today held its groundbreaking for The Miran Residence, a luxurious urban residential development situated in…
Taking the Gaming Experience to the Next Level with LG OLED Gaming Monitor
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Climate Activists Protest in Solidarity with the Suffering Pastoralists and Farmers
39 300Climate activists in Kenya and around Africa take to the streets today demanding action against loss and damage due…
Liz Aluvanze Lands New Job as CEO for Air Operators
51 300The Executive Committee of the Kenya Association of Air Operators (KAAO), a National umbrella body whose role is to…
Promote Organic Farming –Lobby Groups Tells Government
60 300The Kenyan Peasant League has now faulted the government for investing too much on artificial fertilizer and issuing it…