2022

SUSTAINABILITY REPORT

Inside our report

About This Report

5

Managing Sustainability

Report Overview

6

and Material Matters

25

Reporting Universe

6

Our Approach to Sustainability

26

Icon Guide Key

6

Key Milestones in Our Sustainability Journey Thus Far

28

Material Matters

30

About Equity Group

9

Message from the Chairman

10

Stakeholder Engagement

30

ESG Materiality Assessment

30

Message from the GCEO

11

ESG Material Matters Defined

31

Who We Are

12

Equity Group Approach

34

Our Structure

13

Sustainability Performance In 2022

37

Our Footprint

14

Our Twin Engine Model

15

Equity Group's Approach to the Market

38

Our Value Chain and Ecosystem

16

Equity Group's Market Segments

39

Products and Solutions

16

ARRP Achievements

40

Global Ratings and Accolades

17

Our People

41

Partnerships

18

Diversity and Inclusion

42

Summary of Key Financial and Non-Financial Indicators 21

Access to Opportunities

43

Talent Management and Succession Planning

44

Our Customers

47

Customer Protection

49

Our Response to Environmental Protection

and Climate Change

50

2

EQUITY GROUP HOLDINGS LIMITED

SUSTAINABILITY REPORT 2022

Reducing Our Environmental and Carbon Footprint

51

Management Role around ESG and Climate-Related Risks

Supporting Our Customers to Reduce

and Opportunities

95

Their Environmental and Carbon Footprint

56

Breadth and Depth of the Board and Management

Sustainable Product Development

59

Team approach to ESG

97

Environmental and Social Risk Management

61

Driving Sustainability Governance

98

Screening for ESG and Climate Risks Unpacked

62

The Groups Resilience to Climate Change

102

The Equity Group Foundation Performance

63

Tax Sustainability Report

105

Education and Leadership Development - Sparking the

Introduction

106

Pursuit for Knowledge

65

Energy and Environment

74

Country Dashboards

109

Enterprise Development and Financial Inclusion

76

Food and Agriculture

78

Equity Bank Kenya

110

Health

79

Equity Bank Uganda

112

Social Protection

81

Equity Bank Tanzania

114

Group's Alignment to Sustainable Development Goals

83

Equity Bank Rwanda

116

Equity Bank South Sudan

118

Corporate Governance

89

EquityBCDC

120

Governance Structure

90

Checklists

123

Group Board of Directors

91

Group Executive Management

92

GRI Checklist

124

Sustainability Governance Unpacked

93

TCFD Checklist

128

EQUITY GROUP HOLDINGS LIMITED

3

SUSTAINABILITY REPORT 2022

Edwin Mwiti, a farmer from Giekuri in Tharaka Nithi harvesting his sorghum.

4

EQUITY GROUP HOLDINGS LIMITED

SUSTAINABILITY REPORT 2022

01

About This Report

Report Overview

6

Reporting Universe

6

Icons Utilised in this Report to Guide the Reader

6

EQUITY GROUP HOLDINGS LIMITED

5

SUSTAINABILITY REPORT 2022

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Disclaimer

Equity Group Holdings Limited published this content on 24 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 July 2023 10:17:08 UTC.