Stanbic Holdings Publishes 2025 Sustainability Report on IFRS S1 & S2 Adoption

Stanbic Holdings Plc  has published its 2025 Sustainability Report titled “Prosperity with Purpose: Nurturing our communities, our partners and our future.” The report outlines the Group’s ......

Stanbic Holdings Publishes 2025 Sustainability Report on IFRS S1 & S2 Adoption

Stanbic Holdings Plc  has published its 2025 Sustainability Report titled “Prosperity with Purpose: Nurturing our communities, our partners and our future.” The report outlines the Group’s continued commitment to balancing social equity, environmental stewardship, and long-term economic performance. A key milestone during the year was the voluntary adoption of the IFRS Sustainability Disclosure Standards (IFRS S1 and S2), reflecting the integration of sustainability into governance, strategy, and risk management processes.

Commenting on the report’s guiding philosophy, Chairman Joseph Muganda stated:

“The theme of this report, ‘Prosperity with Purpose: Nurturing our communities, our partners and our future’ is the operational blueprint that guided our capital allocation and strategic decision-making throughout 2025. We made a deliberate strategic shift, re-orienting our portfolio toward sectors and segments that foster long-term national resilience such as green financing.”

Joseph Muganda, Chairman, Stanbic Holdings Plc 

Financially, the Group delivered strong performance, disbursing KShs 133 billion in trade financing, surpassing its target of KShs 90 billion. This supported 5,750 businesses across the Africa–China trade corridor, reinforcing Stanbic’s role in enabling cross-border trade and economic development.

The sustainability report also highlighted significant progress in social impact initiatives. During the year, 126,901 women were trained through capacity-building programmes, while 6,700 women-owned enterprises received targeted support worth KShs 100 million in partnership with the Gates Foundation. These programmes continue to strengthen financial inclusion and entrepreneurship among women-led businesses.

On environmental sustainability, Stanbic allocated 4% of total financing to green initiatives, including KShs 4.5 billion in green building loans and KShs 2.5 billion in climate-smart agriculture financing. The Group also advanced environmental restoration efforts through the planting of 100,000 indigenous trees in the Mt. Kenya region and 104,000 mangrove trees in the Sabaki Estuary, contributing to the restoration of over 100 hectares of degraded land.

Outgoing Chief Executive Patrick Mweheire reflected on the Group’s sustainability evolution, stating:

“Reflecting on my tenure, I have witnessed a profound evolution in how we view sustainability at Stanbic Holdings Plc. It has moved from a compliance-driven exercise to a fundamental, non-negotiable driver of business value.”

Patrick Mweheire, Outgoing Chief Executive, Stanbic Holdings Plc 

In terms of governance and resilience, the Group embedded sustainability metrics into executive performance scorecards to strengthen accountability for long-term value creation. Operational resilience remained strong, with a core system uptime of 99.87%, alongside uninterrupted service delivery despite periods of civil unrest in Kenya, supported by flexible remote-working frameworks.

Looking ahead, Stanbic reaffirmed its “Prosperity with Purpose” agenda, setting forward targets that include achieving 50:50 gender parity on the Board, increasing employee volunteerism to 12 hours per year, and advancing its net-zero commitment—targeting net-zero emissions for new facilities by 2030 and existing facilities by 2040.