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KCB Group CEO Paul Russo says they are seeking to be a bigger player in shaping a sustainable financial ecosystem throughout East Africa. [File, Standard]
KCB Group disbursed Sh48.8 billion in green financing loans to support environmentally sustainable projects in renewable energy, agriculture, green buildings, clean transportation, water management, and climate-smart investments.
Out of this, Sh9.9 billion was independently verified as climate-eligible using the Climate Assessment for Financial Institution tool. The lender screened Sh587.9 billion worth of transactions under its Environmental and Social Due Diligence framework covering operations across Kenya, Uganda, Tanzania and Rwanda as part of its commitment to accelerating the transition toward a low-carbon economy.
The milestone enabled the group to surpass its strategic target of allocating 25 per cent of total lending to green projects, reaching 25.84 per cent in 2025, up from 21.6 per cent in 2024.
