1st SIB Conference Report

Reports

1st SIB Conference Report

The first Private Sector Conference on Sustainable and Inclusive Business, held on the 27th of April this year at the Catholic University of Eastern Africa brought together members of the private sector, public sector, civil
society and academia, working on various issues to speed up the process of creating sustainable and inclusive
businesses in Kenya. Sustainable Inclusive Business Kenya is a knowledge center formed due to a fruitful partnership between the Kenya Private Sector Alliance and MVO Nederland, with the support of the Embassy of the Netherlands. The knowledge center, comprising of a vibrant team led by Karin Boomsma the Project Coordinator, deals with providing useful knowledge, tools and networks for the benefits of businesses to learn and share information regarding how they can be sustainable and inclusive, with the help of practical examples that are relevant to the various sectors in the economy. Visit our website at www.sibkenya.com
Sustainable Inclusive Business improves financial performance both in the short and long term. SIB’s impact
on improving profit can be direct and indirect. At times, SIB is directly instrumental in reducing costs and
increasing revenues, as is the case with energy saving and the saving of resources and materials. However,
other advantages that SIB offers are only indirectly manifested. For instance, companies that are actively
involved in SIB have much lower rates of employees’ absenteeism due to illness.