ABSA Bank Kenya Portfolio

ABSA Bank Kenya Portfolio

On green building certification, ABSA became the first bank in Kenya to join the Kenya Green Building Society as a champion for initiatives that promote the green economy by reducing pollution and improving people’s lives while fostering economic growth. In continuation to that, ABSA committed to certifying its buildings to the IFC EDGE standard starting with its WestEnd Headquarters, Bishopgate Head Offices, Queensway Branch, Nkrumah Road, Mombasa branch, and Kisii Branch. After noting that one of the key resources consumed in all buildings is water. We chose to replace existing water dispensers with water purification units that are eco-friendly. These units eliminate the storage and removal of plastic bottles from our workspace. The elimination of the collection and delivery of large plastic water bottles furthermore reduces our business’ carbon footprint.

Absa Bank Kenya PLC strives to be a force for good by making a difference in its communities, which benefits both people and the planet through curbing climate change and reducing our environmental footprint .This upliftment drives our growth as a business, ensures profitable returns to our shareholders and continued growth and development of our staff. ABSA pledged to work with our colleagues, customers and all other stakeholders to drive sustainability and ensure that the value chains are adhering to sustainable business practices. As such, playing a shaping role in society is one of the key guiding principles for our new purpose and strategy, at the heart of which is growth.

In our Net-Zero commitment, we continue to work to not only reduce our carbon footprint as a business but also develop innovative climate finance products to support our clients on their transition journey. On Enhancing forest cover in Kenya, ABSA is committed to support the Kenyan Governments initiative to plant 10 million trees across Kenya by 2025. This initiative is in line with the bank’s renewed sustainability agenda. The project is undertaken in partnership with the Ministry of Environment and Forestry in support of the national agenda to increase the county’s forest cover to 10%.

Absa Bank Kenya has received Final EDGE Certification for its portfolio from Green Business Certification Inc. (GBCI).

Predicted Savings of EDGE Certification

0%

Energy Savings*

0%

Water Savings

0%

Less Embodied Energy in Materials

*Part of the energy efficiency percentage may be associated with virtual energy for comfort depending on the presence of heating and cooling systems. Note that virtual energy does not contribute savings to utility bills.

Technical Solutions

Energy

Reduced Window to Wall Ratio
Reflective Paint for External Walls
Low-E Coated Glass
Energy-Saving Light Bulbs – Internal Spaces
Occupancy Sensors in Open Offices

Water

Low-Flow Faucets in Bathrooms
Efficient Flush for Water Closets in All Bathrooms
Water-Efficient Urinals in all Bathrooms
Water-Efficient Faucets for Kitchen Sinks

Materials

Floor Slabs – Re-Use of Existing Floorslab
Roof Construction – Re-Use of Existing Roof
External Walls – Re-Use of Existing Wall
Internal Walls – Re-Use of Existing Wall
Flooring – Re-Use of Existing Flooring
Window Frames – Re-Use of Existing Window Frames

Location

Bishops Place, Fifth Ngong Ave, Nairobi, Kenya

Stage

Final EDGE Certification

Date

May 1, 2022

Floor Space (m2)

15,194

Total CO2 Savings (annually)

96.66

Certified By

Green Business Certification Inc.

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