NCBA Group joins other Tier 1 Banks on Sustainability

NCBA Group has become the 8th Tier 1 Bank in Kenya to join the United Nations Global Compact movement and links up with 23,000 other leading companies in 162 countries.Through its Group Managing Director John Gachora, NCBA Group has unveiled 15 ambitious commitments that reaffirm its commitment towards environmental responsibility, social impact and ethical governance.
The bank unveiled its sustainability commitments in a ceremony witnessed by Global Compact Network Kenya Executive Director Judy Njino.

The  move  comes towards the 2030 deadline of achieving the Sustainable Development Goals, NCBA Group will mobilize KES 30 billion for green and sustainable finance and allocate KES 100 million annually for transformative community engagement.The Group also commits to grow 10 million trees, recycle 100% of our waste and introduce electric vehicle charging stations across its markets for a sustainable future.

Speaking during the event, Global Compact Network Kenya (GCNK) Executive Director challenged businesses to look at sustainability agenda as a business narrative and one that has return on investment.

“It is important for the private sector regardless of the company size to realise that they can make a contribution towards sustainability. The #SDG agenda is not for the big boys only and everyone can make a contribution. The beauty of #SDGs is that challenges are disguised business opportunities” She said.

The Executive Director added that Global Compact Network Kenya is ready to support any company that is trying to make sense of the sustainability agenda or trying to figure out where to start. Ms. Njino added that support from Global Compact Network Kenya is available to help businesses understand what their entry and starting point is as well as how to go about integration and ensure their entire business is aligned.