Standard Chartered Kenya sustainable finance assets hit Sh62.5bn
Standard Chartered Bank Kenya has grown its sustainable finance assets by 11 per cent to Sh62.5 billion (approx. USD 484.5 million), the lender said Wednesday, as it released its fourth annual Sustainability Progress Report for 2025.
Sustainable finance revenue rose 16 per cent to Sh3.5 billion (approx. USD 27.1 million) in the period. Since 2021, the bank has generated Sh7.9 billion (approx. USD 61.2 million) in cumulative sustainable finance revenue.
Corporate and Investment Banking led the growth, with sustainability-linked lending, trade finance, transaction banking and advisory services supporting clients’ transition plans and ESG requirements.
Birju Sanghrajka, Chief Executive Officer and Head of Coverage at Standard Chartered Kenya, said sustainability had moved to the centre of the bank’s business strategy. “Sustainability is no longer a separate conversation from business growth,” he said.
Assets under management in the bank’s digital SC Shilingi Money Market Fund grew 47 per cent to Sh27.8 billion (approx. USD 215.5 million). Investors below 40 years made up 62 per cent of SC Shilingi clients, while women accounted for 49 per cent of the investor base.
The bank’s Women International Network programme, which supports women-led businesses, now serves 491 entrepreneurs with assets under management of Sh2.9 billion (approx. USD 22.5 million).
On its operational footprint, the bank cut Scope 1 and Scope 2 carbon emissions by 9.7 per cent, reduced water use by 22.6 per cent and recycled 84 per cent of its waste last year.
The Standard Chartered Foundation has reached over 55,900 young people since 2019, enabling 1,583 jobs through entrepreneurship and placing 519 young people into decent employment, with focus on women and persons with disabilities.
Staff logged 4,039 hours of skills-based volunteering, with 87 per cent participation across the bank. The Standard Chartered Nairobi Marathon attracted 30,668 participants and raised Sh76.3 million (approx. USD 591,500) for Foundation programmes, alongside the distribution of 10,000 tree seedlings and 30,000 seedballs.
Sanghrajka said the bank’s ambition was to connect clients, communities and future generations to lasting economic opportunity by combining its international network with local expertise and long-term partnerships.
Follow us on WhatsApp, Telegram, Twitter, and Facebook, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates. Send tips to editorial@techtrendsmedia.co.ke
