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 38 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, KCB Group reported total carbon emissions of approximately 30,398,000 kg CO2e, comprising 3,039,800 kg CO2e from Scope 1, 8,470,600 kg CO2e from Scope 2, and 20,000,000 kg CO2e from Scope 3 emissions, which include investments and purchased goods and services. This marks a notable increase in emissions compared to previous years, with 2022 emissions at about 26,000,000 kg CO2e, including 1,972,400 kg CO2e from Scope 1 and 8,645,500 kg CO2e from Scope 2. KCB Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The organisation's emissions data reflects its operational impact and highlights the need for strategic climate action in line with industry standards. As KCB Group continues to navigate its environmental responsibilities, the focus on reducing carbon emissions will be crucial for aligning with global climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 7,488,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 00,000,000 |
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.