Investment in sustainable assets set to hit Sh2.3trn

The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030. PHOTO | SHUTTERSTOCK

The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change and green energy, a new report by Standard Chartered Plc says.

The global lender’s Sustainable Banking Report 2022 highlights the growing adherence to the environment, social and governance (ESG) practices by companies as investors demand to see corporates taking action to address climate concerns and more responsible business practices.

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