- Challenging macroeconomic environment with high inflation, increased interest rates, and local currency depreciation impacting customers
- Rise in Non-Performing Loans (NPLs) to 11.7% from 7.7%
- Increased cost of funding and deposits
- Global and regional inflation and depreciation of local currencies
- Kenya being grey listed by the Financial Action Task Force
Equity Group Holdings Plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Equity Group Holdings Plc disclosed greenhouse gas emissions of 513.1K metric tons of CO2 reduced. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
513.1K metric tons of CO2 reduced
2023
β Reported Environmental Achievements
- Reduced carbon emissions by 513,086 metric tons through deployment of clean energy products
- Planted 25.2 million trees cumulatively
- 100,000 clean energy products financed
π― Climate & Sustainability Targets
π Short-term
- Reduce the running cost of IT by 10% in 2024
π Medium-term
- Grow to 100 million customers by 2030
- Reach 5 million borrowing businesses by 2030
- Support 25 million borrowing customers by 2030
- Create 25 million direct jobs by 2030
- Food and Agriculture loan mix of 30% by 2030
π± ESG Focus Areas
Climate ChangeBiodiversityFinancial InclusionEnterprise DevelopmentEducationHealthSocial ProtectionSustainable AgricultureResponsible Supply Chain ManagementData PrivacyHuman RightsGovernance