Since 2015, Victoria Commercial Bank Plc, has embraced KBA led Industry Sustainable Finance Initiatives, committing to a sustainable future aligned with local standards and international best practices. Our dedication is focused on developing and contributing towards positive environmental, social, and economic outcomes aligned with Kenya's commitment to Paris Agreement and National determined contributions. The Bank also recognises effective ESG risk management as a competitive and strategic differentiator and has developed an ESG risk management policy informed by our national and international regulatory framework.

Sustainability in Lending & Investment
The Banks lending and investment approach revolves around the Environmental and Social Management Systems (ESMS) process. The policy adheres to IFC Performance standards, ILO standards, and local laws.
The framework ensures that our financial activities contribute to sustainable development, mitigate risks, and maximize opportunities. The process ensures consideration of all environmental and social factors as we aim for positive impacts and resilient, long-term financial returns.

Responsible Banking | Adaptation & Mitigation Strategies
Going beyond profit margins, our commitment to responsible banking includes contributing to adaptation and mitigation strategies. Proactively addressing environmental challenges ensures a secure future and sustained financial prosperity for our clients and stakeholders.

Resource Scarcity & Sustainability
Acknowledging the challenges of resource scarcity, we adopt best practices for sustainable resource management. The bank has aligned Waste management collection to Kenya Sustainable Waste Management Act, 2022. Other Initiatives include circularity and recyclizing of paper waste, promote energy efficiency, and encourage responsible consumption contribute to a more sustainable and resilient global economy.

Environmental Responsibility
The Bank plays a pivotal role and values environmental responsibility seriously. Our bank actively engages in environmentally friendly practices, from minimizing our carbon footprint to implementing nature-based solutions like tree planting and supporting renewable energy projects. Together with our clients, we aim to make a positive impact on the planet.

Partnerships
The banks seeks and actively collaborates with sector players and companies, we forge partnerships as part of our commitment to sustainability. These collaborations leverage collective expertise to address global challenges and create lasting positive impacts. Partnerships include initiatives such as solar referrals to clients, reducing energy costs, and promoting renewable energy and circular economy practices.

Social & Economic Responsibility
We are committed to promoting social welfare, community development, and financial inclusion. The bank promotes staff training on mental health, occupation health & safety to enhance safe working spaces.

In a resounding act of environmental responsibility, Monday, the 13th of November, etched a remarkable chapter in our journey as a of the staff of Victoria Commercial Bank PLC staff participated wholeheartedly in the National Tree Growing Day initiative through planting of seedlings. Amidst the complex challenges our global ecosystem confronts, this initiative emerges as a powerful symbol of our commitment to the planet. Each tree planted serves as a tangible investment in a future characterized by sustainability and well-being for generations to come. As we witness these seedlings evolve into mighty contributors to our ecosystem, let us stand resolute in our dedication to fostering a greener and healthier planet. Our actions today resonate far beyond our immediate surroundings, echoing on a global scale, and broadcasting a compelling message of unity and shared responsibility. Let this day etch in our collective consciousness a potent reminder that, together, we wield the transformative power to forge a lasting impact and craft a world where the vibrancy of nature harmonizes with our progress.

VCB signed a partnership agreement with Equator Energy to help clients transition towards a clean and affordable energy pathway through solar uptake.

Victoria Commercial Bank has been an active member of the United Nations Global Compact, a pact to get businesses worldwide to adopt sustainable and socially responsible policies since June 2021. Seen above are staff of Victoria Commercial Bank receiving the Bank’s annual membership certificate from the Participant Engagement Manager of Global Compact KE, Mr. Harun Mukiiri.

Victoria Commercial Bank actively meets the 2X Challenge at the Board, EXCO and staff levels in regard to the women to men ratio on leadership. The 2X Challenge is an initiative launched at the G7 summit in 2018 by the G7 Development Finance Institutions which calls on DFIs to collectively commit and mobilize funds that provide women in developing countries markets with improved access to leadership opportunities, quality employment, finance, enterprise support and products and services that enhance economic participation and access. Recognizing the importance of contributing to SDG Goals, we have adopted and expanded our impact measurement to include key goals aligned with our 5-year strategy.