Kenya’s First National ESG Disclosure Framework Launched for Listed Firms

Kenya has launched its first national Environmental, Social, and Governance (ESG) Disclosure Framework for listed companies and large private firms. Developed by the Capital Markets Authority with UNDP support, the framework requires annual reporting on carbon emissions, gender diversity, community investment, and board ethics. Compliance is mandatory from 2025, with phased implementation. Safaricom, KCB, and Bamburi are piloting disclosures in 2024. The CMA says the data will guide green investment and align Kenya with global sustainability standards. The move positions Nairobi as a leader in responsible capital markets in East Africa.