KCB Group
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
KCB Group's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KCB Group's reported carbon emissions
In 2023, KCB Group reported total carbon emissions of approximately 11,334,600 kg CO2e, comprising 3,039,800 kg CO2e from Scope 1 and 8,470,600 kg CO2e from Scope 2 emissions. This data reflects a significant increase in emissions compared to 2022, where total emissions were about 18,581,060 kg CO2e, with Scope 1 at 730,548,440 kg CO2e and Scope 2 at 17,325,662,000 kg CO2e. In 2021, KCB Group's emissions were approximately 6,056,000 kg CO2e, with Scope 1 emissions at 1,721,000 kg CO2e and Scope 2 at 4,546,000 kg CO2e. The 2020 data indicates a total of 453,334,000 kg CO2e, which included 8,739,000 kg CO2e from Scope 1, 8,739,000 kg CO2e from Scope 2, and a substantial 435,595,000 kg CO2e from Scope 3 emissions. Despite the fluctuations in emissions, KCB Group has not disclosed specific reduction targets or initiatives as part of their climate commitments. The organisation has not cascaded any emissions data from a parent company and operates independently in its reporting. KCB Group's commitment to sustainability is evident, but further details on specific reduction strategies or targets are currently unavailable.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,721,000 | 000,000,000 | 0,000,000 |
| Scope 2 | 4,546,000 | 00,000,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
