DTB engages suppliers on ESG principles to foster sustainable supply chain
Joshua Tinda, Head of Procurement and Logistics DTB Kenya(left), Lina Njagi, Atlantic Signs, Soyinka Witness, ESG for Ipsos in Kenya and Director of Ipsos Strategy3 Sub-Sahara Africa and Stephen Kimenye, Programs Manager UNGC during the DTB’s second ESG Forum at DTB Headquarters in Nairobi.
Diamond Trust Bank (DTB) hosted an engagement forum today, bringing together its top 100 suppliers from across the country to emphasize the importance of Environmental, Social, and Governance (ESG) principles and sustainable practices within its supply chain. This annual event, now in its second year, aimed to promote a responsible procurement process and align suppliers with the bank’s sustainability masterplan.
Joshua Tinda, Head of Procurement and Logistics at DTB, addressed attendees, stating, “One of the key pillars of our sustainability strategy is fostering a responsible supply chain and procurement process. We are committed to deepening our collaboration with suppliers to ensure alignment with our sustainability agenda, especially as stakeholders and customers increasingly prioritize working with companies that champion ESG principles.”
The forum included presentations from experts affiliated with the United Nations Global Compact (UNGC) and ESG for Ipsos Kenya, who provided insights into integrating ESG principles into business operations. They highlighted the necessity of adopting sustainable practices to ensure long-term viability in today’s market.
Lina Njagi from Atlantic Signs shared her perspective on the event, stating, “Today’s ESG conference was highly insightful, offering many of us a fresh perspective on how to better align our operations with these key principles. We gained practical strategies that can be seamlessly implemented in our workplaces, ensuring compliance with ESG standards and supporting a more sustainable future.”
This initiative follows DTB’s recent signing of a Memorandum of Understanding with the United Nations Environment Programme Finance Initiative (UNEP FI) in August, making DTB an official signatory to the UN Principles for Responsible Banking. This framework seeks to align the banking sector’s strategies with global sustainability goals, including the UN Sustainable Development Goals and the Paris Climate Agreement.
By actively engaging its suppliers on ESG issues, Diamond Trust Bank aims to create a more responsible and sustainable supply chain, reflecting the growing demand for ethical business practices in the financial industry.
