Sustainability
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BRAND & SUSTAINABILITY
Kenya Power launches new sustainability strategy
Kenya Power has officially launched its Sustainability Strategy that will provide a roadmap for the entrenchment of sustainable business operations within the Company. The Strategy will drive the implementation of measures to reduce environmental carbon footprint, prioritisation of inclusivity and well-being of the Company’s stakeholders, responsible utilization of resources, and upholding of corporate and ethical practices. The Strategy also identifies…
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BRAND & SUSTAINABILITY
KCB Group CEO among 100 Global CEO feted for Championing Sustainability
Four Kenyan business leaders are among 100 global recipients of the 2024 Meaningful Business 100 (MB100) award, which recognises leaders who transform their businesses to benefit society and generate profits. The four honorees stood out as national role models in sustainability and impact-driven innovation. The 2024 Kenyan MB100 awardees include: Paul Russo, CEO, KCB Group Lucy Mutinda, Founder & CEO,…
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BRAND & SUSTAINABILITY
CIC Insurance Group Rolls Out its Six-year Sustainability Plan
CIC Insurance Group has released its inaugural sustainability report, emphasizing its commitment to sustainable products and resilient risk management solutions. The report, part of the company’s long-term sustainability strategy, aims to increase microinsurance policies at CIC Group to 25 percent by 2030, achieve gender balance across the workforce by 2030, and increase the percentage of revenue spent on Social Investment…
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NEWS
Acorn Holdings redeems Africa’s first green housing bond early
Acorn Holdings Limited has announced the early redemption of its Ksh 5.7 billion Green Bond, marking a significant milestone in its journey towards sustainable development and economic empowerment. The company says it has completed the repayment of the remaining Ksh 2.7 billion, along with accrued interest, well ahead of the official maturity date in November. Issued in 2020, the Green…
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NEWS
Safaricom secures second $116.73m sustainability linked loan from local banks
Kenya’s leading telco Safaricom has secured another KES 15 billion (($116.73 million) Sustainability Linked Loan, bringing the total loan facility to KES 30 billion ($233.46 million) having announced the closure of a similar amount last year. The loan facility, which is the largest in the East African region, is set to advance Safaricom’s Environmental, Social and Governance agenda (ESG). The…
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NEWS
AJEN Roundtable Focuses on Sustainable Journalism Education
The 2024 African Journalism Education Network (AJEN) has convened participants across Africa to explore innovative approaches to teaching journalism across African institutions of higher learning, emphasizing the need for curricula that equip students with the skills to produce high-quality, ethical, and sustainable content. This conference brings together leading academics, journalists, and policymakers from around the globe to discuss the pivotal role of…
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BRAND & SUSTAINABILITY
Lake Turkana Wind Power releases 2023 Sustainability Report
Lake Turkana Wind Power (LTWP), Africa’s largest wind power project has launched its 2023 Sustainability Report. The launch marks a significant milestone in the company’s ongoing commitment to environmental stewardship, social responsibility, and economic development. The 2023 Sustainability Report highlights LTWP’s substantial contributions to Kenya’s economy, energy sector, environment and its continued investment in the development of the Laisamis region that surrounds…
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ENERGY
How Perenco is Enabling Gas-Powered Industrial Growth across Africa
Reaffirming its unwavering dedication to Africa’s energy sector, independent hydrocarbon producer Perenco recently launched its first-ever gas-to-industry supply project in Cameroon. Last July, the company put into service the Bigapa Gas Processing Center, marking an important milestone while strengthening its historic partnership with Cameroon’s National Hydrocarbons Corporation (SNH). The processing center is set to source gas from the Sanaga South…
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BRAND & SUSTAINABILITY
Standard Chartered Advances Sustainability Agenda
Standard Chartered on Monday released its 2023 Sustainability Progress Report, highlighting the achievements made in support of its long-term sustainability ambition. The Report covers activity across three focus areas, including building a Sustainable Business, enhancing Sustainable Operations and working with partners to support Sustainable Communities. The Report highlights that in 2023, the Bank grew its total Sustainable Finance assets to…
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NEWS
Sustainable Startups Selected to join Women In Tech KES 22 Million Programme
Standard Chartered and @iBizAfrica- Strathmore University have announced the latest inductees into their transformative ‘Women In Tech’ programme. This year’s Standard Chartered Women In Tech programme aims will bring together female entrepreneurs who are leveraging technology to spearhead sustainable startups that generate impact. In line with this objective, the aim for this year’s cohort is to enable these startups to…
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