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Equity Bank Uganda renews commitment to environmental sustainability on World Environment Day

Matooke Republic by Matooke Republic
June 9, 2025
in Events
Reading Time: 2 mins read
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As the world commemorates World Environment Day 2025 under the theme “Act for Nature,” Equity Bank Uganda has reiterated its dedication to environmental protection through impactful initiatives and sustainable finance.

In 2024 alone, the bank and its partners planted over 30,000 trees across Uganda, restoring degraded ecosystems and promoting biodiversity in both rural and urban areas. These efforts are part of a broader strategy to combat climate change and encourage community-led conservation.

“A healthy planet is a necessity, not a luxury,” said an Equity Bank official. “We aim to drive sustainable growth by integrating environmental responsibility into our banking and community programs.”

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Equity Bank Uganda is also at the forefront of green financing, having invested over UGX 22.25 billion in environmentally friendly enterprises. These include renewable energy projects, eco-conscious agribusinesses, water conservation efforts, and waste management ventures.

This investment supports Ugandan entrepreneurs in building businesses that fuel economic development while preserving natural resources.

“Our green financing efforts reflect our belief in the power of finance to shape a sustainable future,” the official added. “We are committed to helping Uganda transition toward a greener, more resilient economy.”

As World Environment Day highlights the importance of protecting nature, Equity Bank Uganda remains steadfast in its mission to align economic progress with environmental stewardship.

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From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

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