|On 15th November, ABC Bank was recognized during the SFI Catalyst Awards ceremony held at Serena Hotel and organized by Kenya Bankers Associated. The Bank won the award for Best Client Case Study – Commercial (2nd Runners Up). |
This is our second year participating and second time being awarded. This recognition affirms the Bank’s continued efforts in creating long-term value for our clients, the economy, and environment.
During his keynote remarks, the Nairobi Stock Exchange CEO, Geoffrey Odundo highlighted that investors are rapidly migrating toward sustainable investments and are no longer looking at profitability but also other sectors such as sustainability. He urged the financial industry players to tap into the Capital Markets for green bonds and impact financing. He also commended banks for adapting ESG guidelines and CBK Guidelines on Climate Related Risk Management.
The Sustainable Finance Initiative (SFI) Catalyst Awards recognizes participating banks who have excelled in their leadership role in adopting and advancing sustainable banking practices across the industry and operationalizing the SFI Guiding Principles. The SFI programme has overseen the implementation of wide-ranging capacity-building programs and strengthening the industry’s Environmental Social and Governance (ESG) performance.