KCB Group was feted for its commitment to Environmental, Social, and Governance (ESG) reporting during the 2nd Edition of the Kenya ESG Awards 2025 held on February 28, 2025.

KCB bagged the Best Organization in ESG Transparency and Disclosure award at the event organized by Kenyan Entrepreneurs' Conference on Trade and Development (KENCTAD).

The award also recognized the Group’s consistent transparency in reporting on ESG initiatives, which plays a pivotal role in enhancing sustainable economic development.

KCB Group CEO Paul Russo welcomed the award saying it reflects the bank’s leadership in ESG transparency and reinforces its position as a leader in sustainable banking practices.

“For over a decade, we have strived to earn the trust of all our stakeholders through transparent disclosure of our operations, ESG commitments, and progress towards a more sustainable future,” stated Russo.

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Since publishing its first sustainability report in 2008, KCB Group, a Tier 1 bank, has backed its operations with global ESG standards in the process earning the trust of its stakeholders.

The firm recently unveiled its 13th sustainability report, a significant achievement that made it the first limited-assured sustainability report by a financial institution in East Africa.

KCB Group also recently received an approval of USD540,000 (approximately Sh69 million) from the UN Green Climate Fund towards supporting grant project preparation activities.

The funding is part of a larger project valued at USD118.25 million (approximately Sh15.3 billion) that will go towards supporting MSMEs in Kenya to adopt climate-smart solutions.

The Kenyan commercial bank indicated that these efforts are testament of its alignment with the UN SDGs 12 (Responsible Consumption and Production) and 13 (Climate Action).

It is set to receive USD100 million (about Sh12.9 billion) from the British International Investment (BII) to support its lending to climate-related projects and women led SMEs.

KCB Group also boasts of a comprehensive Environmental and Social Due Diligence (ESDD) framework, which has evaluated more than Sh1 trillion since it was launched back in 2020.

The bank has further planted and nurtured more than one million trees through the Linda Miti initiative as part of its efforts to combat climate change and promote biodiversity.