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Home » Featured » DTB empowers MSMEs with training on ESG practices to drive sustainable business growth

DTB empowers MSMEs with training on ESG practices to drive sustainable business growth

Editor by Editor
3 July 2023
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Diamond Trust Bank (DTB) conducted a comprehensive training programme on environmental, social, and governance (ESG) principles specifically designed for micro, small and medium enterprises (MSMEs).

The training, which was held in partnership with the Kenya Bankers Association (KBA), the World Wildlife Fund (WWF), and facilitated by the International Finance Corporation (IFC), equipped over 100 MSMEs to adopt sustainable development, encourage responsible business practices, and strengthen the overall resilience of the local MSME sector.

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Speaking at the forum, DTB Finance and Strategy Director, Alkarim Jiwa said “We recognise the importance of empowering MSME businesses with the tools and knowledge needed to embrace sustainable practices. Engaging this critical segment of our customer base is a significant step forward in fostering a culture of responsible business in Kenya and is also aligned with DTB’s sustainability strategy.”

On his part, KBA Director of Research and Policy, Dr. Samuel Tiriongo noted that: “MSMEs are essential to the country’s economic growth, and this collaboration with DTB demonstrates the banking sector’s commitment to sustainable finance. Together, we will continue to create a more robust and inclusive business climate, enabling MSMEs to harness all the opportunities available to them.”

The Regional Coordinator, ASI Programme from WWF Kenya, Christine Mwangi also noted “At WWF, we see finance as a key lever in influencing sustainable outcomes that improve livelihoods while supporting nature protection and restoration. This collaborative training will empower MSMEs to thrive in the rapidly evolving business landscape, all while making a positive difference in our society and environment”.

DTB remains committed to advancing the adoption of ESG principles across the business landscape and will be holding a similar engagement forum with its suppliers this month to promote a responsible supply chain, as part of the Bank’s broader sustainability agenda.

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