The First National Bank – FNB – Zambia hosted an Environmental, Social and Governance – ESG – workshop aimed at educating and engaging customers on how ESG applies to various businesses.
This is the first of many workshops that will bring attention to the ways in which companies can align themselves with the ESG agenda by making use of the bank’s products and services, ensuring that they run sustainable enterprises.
The workshop also sought to enhance potential for synergies and collaboration with partners such as the Ministry of Green Economy & Environment, Zambia Association of Manufacturers and WWF.
FNB Zambia, has embarked on an ESG journey that will see the bank offer ESG advice, products and services. The bank will continuously engage and educate customers on the options available to them within the ESG framework.
FNB Zambia Head – Treasury and ESG Sponsor Ignatius Kashoka said the goal is to positively drive socioeconomic development through ESG, and social impact.
In a statement made available to the Zambian Business Times – ZBT, Kashoka said this will include creating opportunities for green financing, CSR, female empowerment through employment and the Helping Everywoman (H.E.R) customer value proposition. ESG will also be embedded in the bank’s activities like paperless operations, use of digital banking channels, the “Plant a Tree” initiative which has now become a movement and FNB stood a pioneer.
He said the bank is also keen on enhancing efforts to collaborate with the Ministry of Green Economy & Environment, including other cooperating partners. He said the bank is keen to work with the Ministry of Green Economy in achieving its objectives, understanding the immediate needs of the Ministry and the opportunities for collaboration and support. “We are also looking for opportunities towards consented efforts for a cleaner, greener Zambia and keen to provide banking solutions that enhance the Ministry’s day-to-day operations.”
The workshop also covered among other topics, ascertaining short to long-term projects and evaluation needs for support, in relation to COP 28 participation; fostering multilateral collaboration with the Ministry of Green Economy, key partnerships such as the Zambia Association of Manufactures and World Wildlife Fund.
FNB Zambia Head – Treasury said FNB remains committed to being an industry leader in ESG by championing initiatives aimed at creating a better world.
