Kenya Celebrates 61st Graduation Ceremony at Railway Training Institute, Honoring Over 1,400 Graduates in Rail and Maritime Competency Development

Absa Bank Kenya Leads the Charge in Sustainable Finance with 110% Eco-Home Loan

 

By Bruno Aero

Key Features of the Eco-Home Loan

Up to 110% financing Covers the full cost of building or upgrading a home with sustainable features, including solar panels, water-saving systems, and energy-efficient materials

Climate-conscious upgrades Enables homeowners to invest in eco-friendly features that reduce their environmental footprint Alignment with sustainability goals Supports Absa's commitment to a just, inclusive transition to a low-carbon economy

Sustainability Achievements

38% reduction in Scope 2 emissions*: Achieved through retrofitting and smart metering in bank premises

94% waste recovery rate*: Resulting in nearly 7 tonnes of CO₂-equivalent emissions avoided

- Over 1.5 million trees planted: As part of Absa's reforestation efforts

KES 47 billion disbursed in sustainable finance Targeting micro, small, and medium enterprises (MSMEs), women- and youth-led businesses, and underserved segments

Commitment to Sustainability

Adoption of International Sustainability Standards Board (ISSB) guidelines Demonstrating Absa's commitment to transparency and accountability

Board-level oversight of climate risk and sustainability disclosures Ensuring strong governance and oversight

Alignment with Central Bank of Kenya's Climate Risk Guidelines Showcasing Absa's dedication to sustainable finance practices¹ ²