KCB Group, a leading financial services provider headquartered in Kenya (KE), has been a cornerstone of the East African banking landscape since its establishment in 1896. Operating primarily in the financial intermediation services sector, excluding insurance and pension funding, KCB Group offers a diverse range of products, including retail banking, corporate banking, and investment services.
With a strong presence across Kenya and significant operations in Uganda, Tanzania, Rwanda, and South Sudan, KCB Group has consistently demonstrated its commitment to innovation and customer service. The bank is renowned for its unique digital banking solutions, which enhance accessibility and convenience for its clients. As a market leader, KCB Group has achieved numerous accolades, solidifying its reputation as a trusted partner in financial growth and development across the region.
-4 vs industry average
KCB Group’s score of 31 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
KCB Group's reported carbon emissions
KCB Group, a financial intermediation services provider headquartered in Kenya (KE), reported approximately 11.5 million kg CO2e in Scope 1 and Scope 2 emissions for 2023. This comprises about 3.04 million kg CO2e from Scope 1 and approximately 8.47 million kg CO2e from Scope 2. In 2022, KCB Group's Scope 1 and 2 emissions totalled around 10.61 million kg CO2e, with Scope 1 emissions at about 1.97 million kg CO2e and Scope 2 emissions at approximately 8.65 million kg CO2e.
KCB Group's emissions reporting for both 2022 and 2023 indicates that Scope 3 emissions data is missing, specifically for purchased goods and services. The company's sustainability report also notes a carbon footprint intensity per staff member of 1104.97 kg CO2e.
Currently, KCB Group has not disclosed specific reduction targets or commitments.
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KCB Group’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for KCB Group yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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KCB Group
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