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Public Profile
Financial Intermediation
KE
updated 2 months ago

Equity Group Sustainability Profile

Company website

Equity Group Holdings Plc, commonly referred to as Equity Bank, is a leading financial services provider headquartered in Nairobi, Kenya. Established in 1984, the bank has grown significantly, expanding its operations across East Africa, including Uganda, Tanzania, Rwanda, and South Sudan. Specialising in retail banking, microfinance, and investment services, Equity Bank is renowned for its innovative approach to financial inclusion, offering unique products tailored to meet the needs of diverse customer segments. The bank's commitment to technology-driven solutions has positioned it as a market leader, with notable achievements in digital banking and customer service excellence. With a strong focus on empowering individuals and businesses, Equity Group continues to play a pivotal role in the region's economic development, making it a trusted partner for millions of customers.

DitchCarbon Score

How does Equity 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.

22

Industry Average

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.

32

Industry Benchmark

Equity Group's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Equity Group's reported carbon emissions

Equity Group, headquartered in Kenya (KE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges available at this time. As a financial institution, Equity Group is likely aware of the growing importance of sustainability and climate commitments within the banking sector. However, without specific emissions data or reduction initiatives, it is challenging to assess their current environmental impact or commitments. The absence of reported emissions and targets suggests that Equity Group may still be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises transparency and accountability in carbon emissions, it will be essential for Equity Group to establish and communicate its climate commitments moving forward.

How Carbon Intensive is Equity Group's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Equity Group's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Equity Group's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Equity Group is in KE, which has a medium grid carbon intensity relative to other regions.

Equity Group's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Equity Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Equity Group's Emissions with Industry Peers

Barclays Africa Group Limited, ESOP

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Updated about 2 months ago

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Updated 14 days ago

Absa

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Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Capitec Bank

ZA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Santander Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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