The Kenya Development Corporation (KDC) says it has been accepted into the Sustainable Standards and Certification Initiatives (SSCI) programme by the European Organisation for Sustainable Development.
It is the first Kenyan financial institution to commence the journey of achieving the highest level of sustainability certification under the SSCI programme.
We are delighted to be the first Kenyan financial institution to receive a Certificate of Acceptance to commence the journey of achieving the highest level of sustainability certification under the Sustainability Standards & Certification Initiative. #Sustainability #ANewDawnKDC pic.twitter.com/dGKSIIZNfz
— Kenya Development Corporation (@KDC_KE) February 1, 2022
The certificate was received by Kenya’s Ambassador to Germany Tom Amolo during the World Development Finance Forum 2021, held in Karlsruhe, Germany.
KDC Interim Director General Christopher Huka (left) said the award is a demonstration of the corporation’s strong commitment to influencing positive market transformation and leadership in sustainability.
“The SSCI Certificate of Acceptance is an acknowledgement and recognition of the commitment of Kenya Development Corporation to embark on a holistic sustainability journey with the aim of playing a key role in modernizing and transforming Kenya’s economy and driving sustainable national development leveraged on the 4th industrial revolution,” Mr Huka said.
The Sustainability Standards & Certification Initiative (SSCI) is a global initiative for implementing and maintaining holistic, universally accepted, and executable across-the-board sustainability standards.
KDC was created on July 1, 2021, from the merger of three development finance institutions; Industrial and Commercial Development Corporation, Tourism Finance Corporation and IDB Capital.