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KCB Group and Global Banks Commit to Climate Action and Sustainability

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 23 September 2019.

On September 23, 2019, the United Nations and leading banks, including KCB Group, launched the Principles for Responsible Banking, a significant partnership between the global banking industry and the UN.

KCB Group, one of the Founding Signatories, has committed to strategically aligning its business with the Sustainable Development Goals and the Paris Agreement on Climate Change.

By signing the Principles, KCB Group joins a coalition of 130 banks worldwide, representing over USD 47 trillion in assets, in taking on a crucial role in achieving a sustainable future.

UN Secretary-General Antonio Guterres emphasized the importance of the Principles, stating, “The UN Principles for Responsible Banking are a guide for the global banking industry to respond to, drive and benefit from a sustainable development economy.”

Speaking at the launch, 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 of our commitment to implement Sustainable Development Goals and Paris Climate Change into our strategic objectives.”

By signing up to the Principles, KCB Group commits to using its products, services, and relationships to support and accelerate the fundamental changes necessary to achieve shared prosperity for both current and future generations.

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