Sustainable finance in sharp focus in Kenya as Co-op Bank feted

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Summary of the article from Bloomberg "Sustainable Investment Gains Traction"

Sustainable finance in sharp focus in Kenya as Co-op Bank feted

//business-finance.news-articles.net/content/202 .. in-sharp-focus-in-kenya-as-co-op-bank-feted.html

Published in Business and Finance on Monday, November 25th 2024 at 12:47 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Co-operative Bank Group MD Gideon Muriuki said sustainability is fully integrated into the bank's business model.

The article from The Star highlights the growing emphasis on sustainable finance in Kenya, spotlighting Co-operative Bank of Kenya for its leadership in this area. The bank was recognized at the 2024 Sustainable Finance Awards for its efforts in integrating environmental, social, and governance (ESG) criteria into its operations. The awards ceremony, which took place in Nairobi, celebrated various financial institutions for their contributions to sustainable development. Key points include Co-op Bank's initiatives in green financing, support for renewable energy projects, and its commitment to reducing its carbon footprint. The event also underscored the broader trend in Kenya's financial sector towards sustainability, driven by both regulatory frameworks and increasing investor interest in ESG-compliant investments.

Read the Full The Star Article at [ https://www.the-star.co.ke/business/2024-11-25-sustainable-finance-in-sharp-focus-in-kenya-as-co-op-bank-feted ]