Story perspectives
KCB Group Boosts Green Financing and Youth Support Initiatives
10/9/2025
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Story summary
- KCB Group evaluated KShs. 578.3 billion in loans for environmental and social risks, increasing its green financing to 21.32% of its portfolio.
- The bank received KShs. 69 million from the Green Climate Fund, targeting KShs. 15.5 billion to assist over 100,000 micro, small, and medium enterprises.
- KCB Group cut its carbon footprint by 4% and planted over 1.3 million trees, offsetting 1.3 metric tonnes of carbon.
- The KCB Sustainability Report, audited by Deloitte, complies with IFRS S1 and S2 Standards, ahead of the 2027 deadline.
- KCB Foundation's 2Jiajiri program allocated KShs. 2.58 billion to 4,000 youth-owned MSMEs, with 38% led by women.
