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Home » Sustainability » Standard Chartered Kenya’s sustainable finance assets rise to KSh62.5 billion

Standard Chartered Kenya’s sustainable finance assets rise to KSh62.5 billion

by Queen Amber
2 months ago
in Sustainability
Reading Time: 2 mins read
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Standard Chartered Bank

Standard Chartered Bank

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Standard Chartered Kenya’s sustainable finance assets increased by 11 per cent to KSh62.5 billion in 2025, as demand grew for financing linked to climate resilience, financial inclusion and long-term business growth.

The bank’s newly released 2025 Sustainability Progress Report also shows that sustainable finance revenue rose by 16 per cent to KSh3.5 billion. Since 2021, Standard Chartered Kenya has generated KSh7.9 billion in cumulative sustainable finance revenue. 

Standard Chartered Kenya Chief Executive Officer and Head of Coverage Birju Sanghrajka said sustainability had become an important part of business growth as companies sought funding and expertise to manage risks and strengthen their operations.

“Sustainability is no longer a separate conversation from business growth. Our clients are increasingly looking for banking partners that can help them access capital, manage risk and build more resilient businesses in a rapidly changing operating environment,” Sanghrajka said.

The bank said its Corporate and Investment Banking business supported the performance through sustainability-linked lending, trade finance, transaction banking and advisory services designed to help clients meet their transition plans and environmental, social and governance requirements. 

The report also highlighted increased participation in investment products, with assets under management in the digital SC Shilingi Money Market Fund rising by 47 per cent to KSh27.8 billion.

Investors aged below 40 accounted for 62 per cent of the fund’s clients, while women represented 49 per cent of its investor base.

The Standard Chartered Women International Network programme, which supports women-led businesses, grew to 491 entrepreneurs with combined assets under management of KSh2.9 billion. 

Standard Chartered also reported progress in reducing the environmental impact of its operations. Scope 1 and Scope 2 carbon emissions fell by 9.7 per cent, water consumption declined by 22.6 per cent and 84 per cent of operational waste was recycled during the year.

Through the Standard Chartered Foundation, the bank’s programmes have reached more than 55,900 young people since 2019. The initiatives have supported the creation of 1,583 jobs through entrepreneurship and helped 519 young people secure employment. 

Employees contributed 4,039 hours of skills-based volunteering in 2025, with 87 per cent of staff participating in various initiatives.

The Standard Chartered Nairobi Marathon attracted 30,668 participants and raised KSh76.3 million for foundation programmes. The event also supported environmental conservation through the distribution of 10,000 tree seedlings and 30,000 seedballs. 

“Progress is measured not only by the capital we mobilise, but also by the opportunities we help create,” Sanghrajka said.

He added that the bank would continue using its international network, local expertise and partnerships to connect clients and communities to long-term economic opportunities.

Tags: Standard CharteredSustainability Report
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