Search Results for: ESG
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BRAND & SUSTAINABILITY
Epson Wins Platinum for ESG Excellence
Epson Corporation, a leading global technology company, has announced that two of its production facilities—Epson Precision (Philippines), Inc. (EPPI) and Epson Precision Malaysia Sdn. Bhd. (EPMY)—have earned Platinum Recognition under the Responsible Business Alliance (RBA) Validated Assessment Program (VAP). This recognition, awarded based on audits conducted by RBA-approved independent third-party firms, highlights Epson’s strong commitment to corporate social responsibility (CSR)…
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CLIMATE CHANGE
Daniella Nyakuraya: Ways The Kenyan Real Estate Sector Can Tap Into The ESG Agenda To Make An Impact
Since the Environmental, Social, and Governance (ESG) concept started taking shape, there have been various campaigns encouraging businesses globally to adopt more sustainable business practices, pushing them to shift their attention from product and service delivery to sustainability. Despite ESG reporting not having gained much traction in Kenya, we are gradually incorporating it into company standards. The Kenya Companies Act of…
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NEWS
[Hariprasad Viswanatha] Embedding sustainability for a green economy – riding the ESG wave
The number of publicly listed companies in Kenya that report on Environment, Social and Governance (ESG) is rising, albeit slowly. This can be attributed to the increasing push for awareness of organizations’ impact on the environment and society and the need to maximize the positive and reduce the negative. In 2021 the Nairobi Securities Exchange launched its ESG Disclosures Guidance Manual aimed…
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CLIMATE CHANGE
How emerging markets can prepare for the EU’s new ESG regulations
In December 2021, European leaders emerged from the COP26 climate conference in Glasgow with a resolute commitment to translate climate pledges into tangible action. Since then, the European Union (EU) has rolled out a series of regulations applying Environmental, Social, and Governance (ESG) standards to trade, aiming to curtail CO2 emissions, shield environmentally conscious European producers, and discourage unfair trade…
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ENERGY
EPRA To Inspect Energy Facilities Under New Mandate
The Energy and Petroleum Regulatory Authority (EPRA) will soon begin a nationwide inspection of energy generation facilities following approval from the International Tracking Standard Foundation (I-TRACK Foundation). In a statement, the I-TRACK Foundation Board approved EPRA as the local issuer of the International Renewable Energy Certificates (I-REC(E)) in Kenya. EPRA confirmed that in this new role, the authority has the…
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BRAND & SUSTAINABILITY
Areas partners with Plug and Play to strengthen its commitment to sustainability
Areas, a global player in Food & Beverage and travel retail, has launched ‘Areas for Change Challenge’ in collaboration with Plug and Play, to strengthen its commitment to sustainability. Areas is seeking for startups that develop innovative and sustainable solutions. The challenge aims to address the company’s needs and tackle issues in the Food & Beverage, Travel & Hospitality, and…
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BRAND & SUSTAINABILITY
KCB Wins Five Awards at the 2024 KBA Sustainable Finance Awards
KCB Sustainable Finance Awards: KCB has received the second-best overall award in Kenya at the 2024 Kenya Bankers Association (KBA) Sustainable Finance Awards. The bank received five prestigious awards out of the nine award categories the awards. The bank was recognised for its outstanding contributions to sustainability and inclusivity, taking first place in Promoting PwD Accessibility, Best in Sustainable Finance, and…
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EUROPE
OpenAirlines secures €45m imvestment to accelerate aviation industry’s ecological transition
OpenAirlines, a global provider of eco-flying software solutions, has announced a new milestone in its growth trajectory after raising €45 million from Eiffel Investment Group, leading the operation through its Eiffel Essentiel fund, with the backing of Mirova, a Natixis Investment Managers affiliate dedicated to sustainable investments. Both funds are leading the way in Europe’s energy transition. These two players…
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NEWS
Key Highlights From The Safaricom 13Th Sustainable Business Report
Safaricom 13Th Sustainable Business Report: The telco contributed KES 983 billion to the Kenyan economy as it sustained 1,283,329 jobs in the last Financial Year. This is according to the telco’s 13th Sustainable Business Report, which was released on Thursday as it begins its transition to be Africa’s leading purpose-led technology company by 2030. Safaricom’s economic value to society through…
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NEWS
NCBA Launches New Solar Leasing Product for Local Businesses
Continuing with its Sustainability initiatives, NCBA Bank on Tuesday announced the launch of a new Solar Photovoltaic (PV) campaign targeting local businesses. The campaign seeks to help businesses reduce carbon footprints and manage increasing energy costs by providing easier mechanisms to adopt solar power. Via its innovative Solar PV Leasing solution, NCBA Bank looks to extend cheap and flexible access…
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