Equity group unveils third sustainability report

By Peter Ochieng

Equity Group has unveiled its third annual sustainability report for the year 2023, themed “a sustainable world is a transformed Africa.”

The theme points to the significant role that global substantiality practices can have on transformation of the African continent.

Speaking during the unveiling of the report, Equity Group Managing Director and CEO, Dr. James Mwangi, stated, “Today, our business model encompasses a tri-engine approach with an economic focus, a social focus, and a nature, and environmental focus, all working to achieve positive impact.”

“We have not only applied our efforts to realising social impact, but also have a strong focus on environmental and nature stewardship, promoted through an intentional approach to addressing our own footprint and imparting knowledge to de-risk and empower our broader ecosystem. Additionally, we understand that a sustainable future requires mindful consideration of our impact on the planet, and this report demonstrates how Equity is leading the charge in this effort,” he added.

On his part, Prof. Isaac Macharia, Chairman of Equity Group, underscored the importance of the report in providing an unwavering vision to be a catalyst for sustainable, socio-economic prosperity in Africa.

“As a purpose-led institution, we understand the important role we play both in the economy and society. We strongly believe that deepening sustainability is not just a moral imperative, but also critical for the long-term health of the business, as sustainable institutions are better placed to thrive and create value for all stakeholders in the long term.”

The Group’s 2023 sustainability report epitomises the organisation’s proactive approach to driving positive change in society.

During the report’s launch, Wanjira Mathai, Managing Director of the Africa Division, World Resources Institute, urged stakeholders to focus on the present and future of the African continent.

“We must begin to think of a shift in narrative, instead of only envisioning the Africa of tomorrow, we must also concentrate on the Africa of today. We should recognize the abundance we currently possess and challenge ourselves, both as a continent and as individual nations to achieve far more than our current reality.”