Co-op logo
Esg report banner

Co-operative Bank of Kenya Ltd was formed by Co-operators through their Co-operative Societies in 1968 to ensure delivery of affordable financial services to the Co-operative movement for maximum benefit of the societies' members. Sustainability is thus the backbone of our strategy and operations to date.

HERE FOR YOU

ESG Report 2022

The ESG report provides insight to our financial and non-financial performance from January 2022 to December 2022, with some comparisons to previous years .It covers the business functions of the entire Co-operative Bank of Kenya Ltd Group and its subsidiaries. The report sets out to give an account of Co-op Bank’s ESG impacts, opportunities, performance and challenges. It supplements our 2022 Integrated Annual Report as it highlights how we align our business model with sustainability objectives by integrating environmental, social, and governance (ESG) principles in our operations.

The reporting format is in alignment with the Global Reporting Initiative (GRI) Universal Standards for sustainability reporting, using the core and comprehensive guidelines drawn from the Kenya Bankers Association’s sustainable finance principles. We also comply with the Nairobi Securities Exchange (NSE) Reporting guidelines. Moreover, we align our activities with the United Nations’ Sustainable Development Goals (SDGs), ensuring that we contribute to global goals.

Esg report banner

Co-operative Bank of Kenya Ltd was formed by Co-operators through their Co-operative Societies in 1968 to ensure delivery of affordable financial services to the Co-operative movement for maximum benefit of the societies' members. Sustainability is thus the backbone of our strategy and operations to date.

HERE FOR YOU

ESG Report 2022

The ESG report provides insight to our financial and non-financial performance from January 2022 to December 2022, with some comparisons to previous years .It covers the business functions of the entire Co-operative Bank of Kenya Ltd Group and its subsidiaries. The report sets out to give an account of Co-op Bank’s ESG impacts, opportunities, performance and challenges. It supplements our 2022 Integrated Annual Report as it highlights how we align our business model with sustainability objectives by integrating environmental, social, and governance (ESG) principles in our operations.

The reporting format is in alignment with the Global Reporting Initiative (GRI) Universal Standards for sustainability reporting, using the core and comprehensive guidelines drawn from the Kenya Bankers Association’s sustainable finance principles. We also comply with the Nairobi Securities Exchange (NSE) Reporting guidelines. Moreover, we align our activities with the United Nations’ Sustainable Development Goals (SDGs), ensuring that we contribute to global goals.

img-1-home-green-plants

Co-operative Bank of Kenya Ltd was formed by Co-operators through their Co-operative Societies in 1968 to ensure delivery of affordable financial services to the Co-operative movement for maximum benefit of the societies' members. Sustainability is thus the backbone of our strategy and operations to date.

HERE FOR YOU

ESG Report 2022

.

The ESG report provides insight to our financial and non-financial performance from January 2022 to December 2022, with some comparisons to previous years .It covers the business functions of the entire Co-operative Bank of Kenya Ltd Group and its subsidiaries. The report sets out to give an account of Co-op Bank’s ESG impacts, opportunities, performance and challenges. It supplements our 2022 Integrated Annual Report as it highlights how we align our business model with sustainability objectives by integrating environmental, social, and governance (ESG) principles in our operations.

The reporting format is in alignment with the Global Reporting Initiative (GRI) Universal Standards for sustainability reporting, using the core and comprehensive guidelines drawn from the Kenya Bankers Association’s sustainable finance principles. We also comply with the Nairobi Securities Exchange (NSE) Reporting guidelines. Moreover, we align our activities with the United Nations’ Sustainable Development Goals (SDGs), ensuring that we contribute to global goals.

THE CO-OPERATIVE BANK HAS USED THE REVISED GRI UNIVERSAL STANDARDS 2021 AND THE ADAPTED GRI TOPIC STANDARDS. OUR REPORTING ALSO INCLUDES SOME DISCLOSURES IN ACCORDANCE WITH THE TOPIC STANDARDS AND SECTOR STANDARDS. WHERE RELEVANT, WE HAVE ALSO HIGHLIGHTED THE SUSTAINABILITY DEVELOPMENT GOALS (SDGS)1 WHICH ALIGN TO OUR DISCLOSURES.

2-1
Organizational details
Read
2-2
Entities included in the organization’s sustainability reporting
Read
2-3
Reporting period, frequency, and contact point
Read
2-6
Activities, value chain and other business relationships
Read
2-7
Employees
Read
2-8
Workers who are not employees
Read
2-9
Governance structure and composition
Read
2-10
Nomination and selection of the highest governance body
Read
2-11
Chair of the highest governance body
Read
2-12
Role of the highest governance body in overseeing the management of impacts
Read
2-13
Delegation of responsibility for managing impacts
Read
2-14
Role of the highest governance body in sustainability reporting
Read
2-15
Conflict of interest
Read
2-16
Communication of critical concerns
Read
2-17
Collective knowledge of the highest governance body
Read
2-18
Evaluation of the performance of the highest governance body
Read
2-19
Remuneration Policy
Read
2-20
Process to determine remuneration
Read
2-22
Statement on sustainable development strategy
Read
2-24
Embedding policy commitments
Read
2-25
Processes to remediate negative impacts
Read
2-26
Mechanisms for seeking advice and raising concerns
Read
2-27
Compliance with laws and regulations
Read
2-28
Membership association
Read
2-29
Approach to stakeholder engagement
Read
2-30
Collective bargaining agreements
Read

THE CO-OPERATIVE BANK HAS USED THE REVISED GRI UNIVERSAL STANDARDS 2021 AND THE ADAPTED GRI TOPIC STANDARDS. OUR REPORTING ALSO INCLUDES SOME DISCLOSURES IN ACCORDANCE WITH THE TOPIC STANDARDS AND SECTOR STANDARDS. WHERE RELEVANT, WE HAVE ALSO HIGHLIGHTED THE SUSTAINABILITY DEVELOPMENT GOALS (SDGS)1 WHICH ALIGN TO OUR DISCLOSURES.

2-1
Organizational details
Read
2-2
Entities included in the organization’s sustainability reporting
Read
2-3
Reporting period, frequency, and contact point
Read
2-6
Activities, value chain and other business relationships
Read
2-7
Employees
Read
2-8
Workers who are not employees
Read
2-9
Governance structure and composition
Read
2-10
Nomination and selection of the highest governance body
Read
2-11
Chair of the highest governance body
Read
2-12
Role of the highest governance body in overseeing the management of impacts
Read
2-13
Delegation of responsibility for managing impacts
Read
2-14
Role of the highest governance body in sustainability reporting
Read
2-15
Conflict of interest
Read
2-16
Communication of critical concerns
Read
2-17
Collective knowledge of the highest governance body
Read
2-18
Evaluation of the performance of the highest governance body
Read
2-19
Remuneration Policy
Read
2-20
Process to determine remuneration
Read
2-22
Statement on sustainable development strategy
Read
2-24
Embedding policy commitments
Read
2-25
Processes to remediate negative impacts
Read
2-26
Mechanisms for seeking advice and raising concerns
Read
2-27
Compliance with laws and regulations
Read
2-28
Membership association
Read
2-29
Approach to stakeholder engagement
Read
2-30
Collective bargaining agreements
Read

THE CO-OPERATIVE BANK HAS USED THE REVISED GRI UNIVERSAL STANDARDS 2021 AND THE ADAPTED GRI TOPIC STANDARDS. OUR REPORTING ALSO INCLUDES SOME DISCLOSURES IN ACCORDANCE WITH THE TOPIC STANDARDS AND SECTOR STANDARDS. WHERE RELEVANT, WE HAVE ALSO HIGHLIGHTED THE SUSTAINABILITY DEVELOPMENT GOALS (SDGS)1 WHICH ALIGN TO OUR DISCLOSURES.

2-1
Organizational details
Read
2-2
Entities included in the organization’s sustainability reporting
Read
2-3
Reporting period, frequency, and contact point
Read
2-6
Activities, value chain and other business relationships
Read
2-7
Employees
Read
2-8
Workers who are not employees
Read
2-9
Governance structure and composition
Read
2-10
Nomination and selection of the highest governance body
Read
2-11
Chair of the highest governance body
Read
2-12
Role of the highest governance body in overseeing the management of impacts
Read
2-13
Delegation of responsibility for managing impacts
Read
2-14
Role of the highest governance body in sustainability reporting
Read
2-15
Conflict of interest
Read
2-16
Communication of critical concerns
Read
2-17
Collective knowledge of the highest governance body
Read
2-18
Evaluation of the performance of the highest governance body
Read
2-19
Remuneration Policy
Read
2-20
Process to determine remuneration
Read
2-22
Statement on sustainable development strategy
Read
2-24
Embedding policy commitments
Read
2-25
Processes to remediate negative impacts
Read
2-26
Mechanisms for seeking advice and raising concerns
Read
2-27
Compliance with laws and regulations
Read
2-28
Membership association
Read
2-29
Approach to stakeholder engagement
Read
2-30
Collective bargaining agreements
Read
REPORTS

Sustainability

Reports

.

We’re committed to sustainable social and economic development across our business, operations and communities.

Doc Image

ESG Report 2021

Doc Image

ESG Policy Statement

REPORTS

Sustainability

Reports

.

We’re committed to sustainable social and economic development across our business, operations and communities.

Doc Image

ESG Report 2021

Doc Image

ESG Policy Statement

REPORTS

Sustainability

Reports

.

We’re committed to sustainable social and economic development across our business, operations and communities.

Doc Image

ESG Report 2021

Doc Image

ESG Policy Statement