Diamond Trust Bank (DTB) has held its second annual supplier engagement forum, aimed at raising awareness about Environmental, Social, and Governance (ESG) principles and fostering a more responsible supply chain. The event brought together DTB’s top 100 suppliers from across the country to discuss the bank’s sustainability strategy and gather feedback to ensure full alignment with its goals.
At the forum, Joshua Tinda, DTB’s Head of Procurement and Logistics, emphasized the importance of integrating ESG principles into the bank’s procurement processes: “One of the key pillars of our sustainability strategy is fostering a responsible supply chain. As a bank, we are committed to collaborating with our suppliers to ensure alignment with our sustainability agenda, especially as stakeholders and customers increasingly prioritize working with companies that champion ESG principles.”
The event featured insights from experts from United Nations Global Compact (UNGC) and ESG for Ipsos Kenya on how businesses can incorporate ESG standards into their operations. These experts provided practical strategies for businesses to adopt sustainable practices that foster long-term growth and resilience.
Lina Njagi of Atlantic Signs, one of the suppliers at the event, remarked on the value of the discussions: “Today’s ESG conference was highly insightful, offering us a fresh perspective on how to align our operations with these key principles. We gained practical strategies, including actionable ideas that can be seamlessly implemented in our workplaces, ensuring compliance with ESG standards and supporting a more sustainable future.”
This engagement comes on the heels of DTB’s signing of a Memorandum of Understanding (MoU) with the United Nations Environment Programme Finance Initiative (UNEP FI) in August. By becoming a signatory to the UN Principles for Responsible Banking, DTB has committed to aligning its strategy and practices with the UN Sustainable Development Goals (SDGs) and the Paris Climate Agreement. These principles provide a global framework for ensuring that the banking industry contributes to a sustainable future.
The forum highlights DTB’s commitment to fostering a responsible supply chain while promoting ESG principles, a move that reflects the growing trend among businesses to prioritize sustainability and corporate responsibility.
