KCB Group, also known as Kenya Commercial Bank, is a leading financial institution headquartered in Nairobi, Kenya. Established in 1896, KCB has evolved into a prominent player in the East African banking sector, with a strong presence in Kenya, Uganda, Tanzania, Rwanda, and South Sudan. The bank operates primarily in the financial services industry, offering a diverse range of products including retail banking, corporate banking, and investment services. KCB is renowned for its innovative digital banking solutions, which enhance customer experience and accessibility. With a commitment to financial inclusion, KCB Group has achieved significant milestones, including being one of the largest banks in the region by assets. Its dedication to sustainable banking practices further solidifies its market position as a trusted financial partner in East Africa.
How does KCB Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
KCB Group's score of 26 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, KCB Group reported total carbon emissions of approximately 5,074,000 kg CO2e, comprising 1,922,000 kg CO2e from Scope 1 and 4,050,000 kg CO2e from Scope 2. This marked a slight increase in emissions compared to 2021, where the total was about 5,121,000 kg CO2e, with 1,721,000 kg CO2e from Scope 1 and 4,546,000 kg CO2e from Scope 2. In 2020, the Group's emissions were significantly higher at approximately 7,488,000 kg CO2e, all attributed to Scope 1 emissions. KCB Group has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the Group's commitment to addressing climate change is evident through its ongoing efforts to monitor and report emissions. As the financial sector increasingly prioritises sustainability, KCB Group's emissions data reflects its engagement with climate-related challenges, although further commitments and reduction strategies would enhance its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 7,488,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
KCB Group is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.