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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
As scientists warn about the devasting effects of climate change, more investors are shifting their focus on environmental risk and how they might affect their portfolios. After all, the prevailing rising temperatures and increasing frequency of severe storms, floods, heatwaves, and drought are eroding the economic gains of many nations.
Globally, the unmatched existential threat of the climate crisis is a major concern to governments and players in the financial services sector. Both recognise that financial resilience will remain at stake if drastic measures are not taken to abate the effects of a shifting climate. Africa remains as one of the most adversely exposed continents to climate change. Five out of 10 countries that are most susceptible to the crisis are in Africa. This gives the continent a compelling reason to adopt global best practices to boost its adaptive capacities.
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