KCB Group joins global banks committed to climate action
KCB Group has joined 130 other banks across the world that collectively hold $47 trillion in assets to support climate action and sustainability.
The bank becomes one of the founding signatories of the Principles for Responsible Banking that is committed to align its business with the Sustainable Development Goals and the Paris Agreement on Climate Change.
By signing the principles with United Nations, KCB Group joins a coalition of banks worldwide, which are committed to taking on a crucial role in helping achieve a sustainable future.
The event, which took place ahead of the UN General Assembly in New York, marked the beginning of the most significant partnership to date between the global banking industry and UN.
KCB Group chief operating officer Samuel Makome said the official launch of Principles for Responsible Banking marks a major milestone in the global banking industry and its commitment to implement sustainable development goals and Paris Climate.
“In KCB Group, the principles remind us of the reason we exist as an institution and we purpose to work with our stakeholders to shape a sustainable future for the next generation,” he said.