Equity Group Holdings PLC reported profit after tax of KSh75.5bn, a 55 per cent increase, while its greenhouse gas emissions grew 19 per cent to 39,605 tonnes CO2e in 2025. The rise in emissions was attributed to significant business expansion and improved data capture.
The emissions increased from 33,200 tonnes in the previous year, with contributions from all three scopes: direct fuel use, purchased electricity, and value-chain activities. Two subsidiaries were responsible for 98 per cent of the additional emissions, with Equity Bank (Kenya) Limited accounting for 65 per cent of the total. The group is working towards establishing a solid foundational baseline for operational emissions and aims to advance its net-zero commitments by 2030.
Equity Group’s Profit and Emissions Growth
Equity Group’s profit after tax reached KSh75.5bn, marking a 55 per cent increase. This financial growth coincides with a significant rise in greenhouse gas emissions, which grew to 39,605 tonnes CO2e in 2025. The increase in emissions reflects the company’s expansion and enhanced data collection methods.
The emissions data revealed that the bulk of the rise came from two subsidiaries. Equity Bank (Kenya) Limited was the largest contributor, accounting for 65 per cent of the total emissions. The report highlights the need for the group to set internal greenhouse gas emissions targets as part of its sustainability strategy.
Equity Group’s Sustainability Initiatives
Equity disclosed a record investment of KSh99.5bn in social impact and sustainability initiatives. This includes the planting of 9.1 million trees and KSh26bn in climate-aligned finance, which has been third-party verified. The group is also working on a formal climate transition plan, supported by a European Investment Bank technical assistance programme.
Dr James Mwangi, Managing Director and CEO, emphasized the importance of establishing a solid baseline for operational emissions. The board is also focused on ensuring compliance with assurance requirements to prevent greenwashing.
Next Steps for Equity Group
- Advance net-zero commitments by 2030.
- Finalize a formal climate transition plan.
- Seek external verification for emissions data.
Equity Group is making strides in sustainability while addressing its emissions growth.
