Diamond Trust Bank (DTB) has successfully conducted a comprehensive training program focused on environmental, social, and governance (ESG) principles, specifically designed for micro, small, and medium enterprises (MSMEs).

Held in partnership with the Kenya Bankers Association (KBA), the World Wildlife Fund (WWF), and facilitated by the International Finance Corporation (IFC), the training aimed to empower over 100 MSMEs in adopting sustainable development practices, encouraging responsible business behaviors, and strengthening the overall resilience of the local MSME sector.

During the forum, DTB's Finance and Strategy Director, Alkarim Jiwa, highlighted the bank's recognition of the significance of empowering MSMEs with the necessary tools and knowledge to embrace sustainable practices.

"Engaging this critical segment of our customer base is a significant step forward in fostering a culture of responsible business in Kenya and is also aligned with DTB's sustainability strategy," Jiwa stated.

KBA's Director of Research and Policy,  Samuel Tiriongo, emphasized the essential role of MSMEs in the country's economic growth.

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He expressed satisfaction with the collaboration between DTB and the banking sector, stating, "This collaboration with DTB demonstrates the banking sector's commitment to sustainable finance. Together, we will continue to create a more robust and inclusive business climate, enabling MSMEs to harness all the opportunities available to them."

Christine Mwangi, the Regional Coordinator of the ASI Programme from WWF Kenya, highlighted the role of finance in influencing sustainable outcomes that improve livelihoods while supporting nature protection and restoration.

Mwangi praised the collaborative training, stating that the training will empower MSMEs , "This training will empower MSMEs to thrive in the rapidly evolving business landscape, all while making a positive difference in our society and environment."

DTB expressed its commitment to advancing the adoption of ESG principles across the business landscape.

As part of their broader sustainability agenda, the bank says it plans to hold a similar engagement forum with its suppliers later this month, aimed at promoting a responsible supply chain.

"DTB remains committed to advancing the adoption of ESG principles across the business landscape and will be holding a similar engagement forum with its suppliers this month to promote a responsible supply chain, as part of the Bank’s broader sustainability agenda," DTB said.

This collaborative effort between DTB, KBA, WWF, and IFC signifies the collective commitment of these organizations to drive sustainable practices and responsible business behaviors in the MSME sector.

By equipping MSMEs with the necessary tools and knowledge, this initiative aims to create a more resilient and inclusive business climate in Kenya, fostering sustainable development and benefiting both the economy and the environment.