Co-operative Bank of Kenya Ltd 2023 SR
The report highlights Co-operative Bank of Kenya's commitment to 'Beyond Profit,' integrating ESG principles across its operations. Key achievements in 2023 include the launch of a Sustainable Finance Framework, with 5.6% of its large loan portfolio classified as sustainable, and the successful migration of 91% of transactions to digital channels. The bank enhanced its Environmental and Social Management System (ESMS) and continued its reforestation efforts at Lusoi Hill. Socially, the Co-op Foundation supported over 10,000 students since inception, and the bank introduced the Coffee Direct Settlement System to improve transparency for farmers.
Company: Co-operative Bank of Kenya Ltd
Sector: Financials
Country: Kenya
Year: 2023
Type: SR
Pages: 90
Co-operative Bank of Kenya Ltd
ESG Report
The report highlights Co-operative Bank of Kenya's commitment to 'Beyond Profit,' integrating ESG principles across its operations. Key achievements in 2023 include the launch of a Sustainable Finance Framework, with 5.6% of its large loan portfolio classified as sustainable, and the successful migration of 91% of transactions to digital channels. The bank enhanced its Environmental and Social Management System (ESMS) and continued its reforestation efforts at Lusoi Hill. Socially, the Co-op Foundation supported over 10,000 students since inception, and the bank introduced the Coffee Direct Settlement System to improve transparency for farmers.
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Document Details
Report Year
2023
Reporting Period
Jan 2023 - Dec 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees