NCBA Bank has taken a significant step towards environmental responsibility by acquiring two hybrids from CFAO Mobility Kenya. The new hybrid electric vehicles will replace traditional gasoline-powered cars in the bank’s fleet . This is part of its broader commitment to sustainability under the “Change the Story” initiative.
Leadership in Green Innovation
The acquisition positions NCBA as a leader in green innovation. The hybrids combine electric motor functionality with gasoline engine efficiency for optimal performance while reducing the environmental impact. This move is in line with NCBA’s goal to create a more sustainable future and the communities it serves.
Learn how Radisson Blu is reducing its carbon footprint with electric vehicles.
“We are excited to take this significant step towards achieving our sustainability goals. Our commitment to reducing direct emissions and adopting green technologies underscores our dedication to creating positive environmental change,” said Mr Isaac Owila, NCBA’s Ag. Group Director technology and operations. “By setting an example in the adoption of sustainable practices, we not only meet our operational objectives but also enhance our brand reputation.”
Mobilising KES 30 Billion for Green and Sustainable Financing by 2030
NCBA’s sustainability efforts extend beyond environmental impact to include community engagement and employee morale. The Bank has pledged to mobilise KES 30 billion for green and sustainable financing by 2030. This will support eco-friendly projects and foster positive environmental and social outcomes. It is also focused on growing 10 million trees by 2030, contributing to reforestation and combating climate change.
CFAO Mobility Kenya Managing Director Mr Arvinder Reel said, “We are excited to support NCBA Bank in achieving its sustainability goals. Through the latest development, we are contributing to a greener future and aligning with our shared vision of reducing carbon emissions and promoting eco-friendly transport options across Kenya. This partnership is a testament to our commitment to environmental responsibility and driving innovation in the automotive sector.”
By acquiring these hybrids, NCBA continues to focus on environmental sustainability strengthens its relationships with clients, partners, and employees who value green initiatives. The bank also allocates KES 100 million annually for community empowerment and development projects.
