NCBA GROUP GOES GREEN
By Mbago Kasifa
In a bold move that underscores its commitment to environmental stewardship and social responsibility, NCBA Group has announced a massive Shs 900 billion investment in sustainability and social impact initiatives. This significant pledge is set to drive transformative change across the communities the group serves, cementing its position as a leader in responsible business practices.
At the heart of NCBA Group’s sustainability agenda are five key pillars, carefully crafted to address some of the most pressing environmental and social challenges facing the region. One of the most ambitious targets is the mobilization of KES 30 billion for green and sustainable financing by 2030. This financing will be channeled towards supporting customers in their transition to low-carbon operating models, promoting environmentally friendly practices, and driving economic growth.
In addition to its financing initiatives, NCBA Group has also set its sights on making a tangible impact on the environment. The group has committed to growing 10 million trees by 2030, a move that will not only help to mitigate the effects of climate change but also provide a sustainable source of income for local communities. Furthermore, NCBA Group has pledged to eliminate single-use plastics and recycle 100% of its waste, demonstrating its dedication to minimizing its environmental footprint.
NCBA Group’s sustainability agenda also places a strong emphasis on promoting diversity, equity, and inclusion. The group recognizes that these values are essential to creating a fair and just society, and has committed to implementing programs that support the development of underrepresented groups. From promoting financial inclusion to providing access to education and healthcare, NCBA Group is dedicated to making a positive impact on the lives of those it serves.
The group’s commitment to sustainability and social impact is not limited to its own operations. NCBA Group has also pledged to provide financing solutions that support the United Nations’ Sustainable Development Goals (SDGs). This move demonstrates the group’s recognition of the critical role that businesses must play in driving progress towards the SDGs, and its commitment to being a part of the solution.
NCBA Group’s Managing Director, noted that the group’s sustainability agenda is a key component of its overall business strategy. “We recognize that our business is not just about generating profits, but also about making a positive impact on the communities we serve. Our sustainability agenda is designed to ensure that we are doing business in a way that is responsible, sustainable, and beneficial to all our stakeholders.”
The group’s commitment to sustainability and social impact has been recognized by various stakeholders, including environmental organizations and community groups. NCBA Group’s sustainability agenda is a testament to its dedication to being a responsible corporate citizen, and its commitment to making a positive difference in the world.
