Agency
Uganda Development Bank’s Managing Director, Patricia Ojangole, has, for the fourth year running, won the Sustainability Leader of the Year Award at the prestigious Annual Karlsruhe Sustainable Finance Awards.
UDB and its Managing Director were awarded the Sustainability Leader of the Year Award for demonstrating exceptional leadership in mainstreaming sustainability and making a recognizable impact.
The Sustainable Finance Awards recognize financial institutions that successfully embed economic, social, and environmental sustainability into their organizational culture. They also honor organizations that have made outstanding contributions to sustainable finance and recognize CEOs who have distinguished themselves as leaders in sustainable banking and finance.
The Bank was also granted the Sustainability Certification for adapting the Sustainability Standards Version 2.0. It received compliance level 5, which represents the highest level of compliance achieved.
UDB has remained steadfast in upholding environmental standards and continues to adopt several ecological risk management strategies and tools. These strategies and tools identify, assess, and prioritize enterprises demonstrating a solid commitment to environmental sustainability and monitoring their operations throughout their lifecycle.
