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State acknowledges private sector’s crucial role in achieving sustainability goals – PS Ng’eno

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Participants at an exclusive Executive Leadership Breakfast event focused on addressing the evolving landscape of Environmental, Social, and Governance (ESG) issues and their profound impact on capital markets organised by the Nairobi Securities Exchange (NSE), in collaboration with Risk Insights and GreenCo ESG Consultants. Image: HANDOUT
Participants at an exclusive Executive Leadership Breakfast event focused on addressing the evolving landscape of Environmental, Social, and Governance (ESG) issues and their profound impact on capital markets organised by the Nairobi Securities Exchange (NSE), in collaboration with Risk Insights and GreenCo ESG Consultants. Image: HANDOUT

During an exclusive Executive Leadership Breakfast, Environment and Climate Change PS Eric Ng’eno emphasized the government’s commitment to and recognition of the private sector’s contribution to sustainability objectives. He encouraged businesses to integrate Environmental, Social, and Governance (ESG) considerations into their operations, highlighting that doing so would attract responsible investment and benefit society as a whole.

The breakfast meeting, organized by the Nairobi Securities Exchange in collaboration with Risk Insights and GreenCo ESG Consultants, focused on addressing the evolving landscape of ESG issues and their significant impact on capital markets.

Ng’eno acknowledged the challenges faced on the path to sustainability, including the need for additional financial resources, technology transfer, and capacity building to implement sustainable practices. He emphasized the importance of addressing the social aspects of sustainability to ensure an inclusive transition to a greener and more equitable future.

NSE CEO Geoffrey Odundo highlighted the platform provided by the meeting for industry leaders to share insights, strategies, and best practices in navigating the complex ESG landscape. By collaborating and sharing knowledge, leaders can collectively shape the future of sustainable business practices in Kenya and drive positive change within the capital markets.

Risk Insights CEO Andrey Bogdanov expressed their aim to provide a powerful platform for insightful data and discussions on the changing world of ESG and its implications for companies operating in Kenya. The partnership with the NSE and the hosting of the Executive Leadership Breakfast in Nairobi further supported the drive towards sustainability.

GreenCo ESG Consultants CEO Irene Keino emphasized the belief that integrating sustainable practices into business operations is essential for long-term value creation.