Equity Group on September 3, 2024, unveiled its third annual sustainability report for the year 2023, themed “A sustainable world is a transformed Africa.”
The theme points to the significant role that global substantiality practices can have on transformation of the African continent, a challenge that Equity Group has undertaken to lead.
This landmark report exemplifies Equity’s unwavering commitment to socio-economic and environmental transformation across its entire business.
It showcases Equity’s dedication to sustainable business practices and the integration of Environmental, Social, and Governance (ESG) aspirations into our core operations including the integration of the Task Force for Nature Related Finance Disclosures as a new focus beyond climate risk management.
Ewquity Group’s trong focus on environmental
Speaking during the unveiling of the report, Equity Group Managing Director and CEO, Dr. James Mwangi, stated, “Today, our business model encompasses a tri-engine approach with an economic focus, a social focus, and a nature, and environmental focus, all working to achieve positive impact.”
“We have not only applied our efforts to realizing social impact, but also have a strong focus on environmental and nature stewardship, promoted through an intentional approach to addressing our own footprint and imparting knowledge to de-risk and empower our broader ecosystem.”
“Additionally, we understand that a sustainable future requires mindful consideration of our impact on the planet, and this report demonstrates how Equity is leading the charge in this effort.”
Professor Isaac Macharia, Chairman of Equity Group, underscored the importance of this report in providing an unwavering vision to be a catalyst for sustainable, socio-economic prosperity in Africa.
“As a purpose-led institution, we understand the important role we play both in the economy and society. We strongly believe that deepening sustainability is not just a moral imperative, but also critical for the long-term health of the business, as sustainable institutions are better placed to thrive and create value for all stakeholders in the long term,” said Professor Macharia.
The 2023 Sustainability Report epitomizes Equity Group’s proactive approach to driving positive change in society and continues to attract global accolades with Brand Finance ranking the Bank as the Second Strongest Banking Brand in the World and as the Most Valuable Brand in East and Central Africa.
