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"id": 1242351,
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"type": "speech",
"speaker_name": "Hon. Chirchir",
"speaker_title": "The Cabinet Secretary for Energy and Petroleum",
"speaker": {
"id": 13110,
"legal_name": "Zipporah Jepchirchir Kittony",
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"content": " Thank you, Mr. Deputy Speaker, Sir. Let me start with the question by the Senator for Kirinyaga County; Sen. (Dr.) Murango. This concerns the Corporate Social Responsibility (CSR) investments that we will undertake to ensure that the people of Turkana or Kenyans who live in the communities where we are prospecting and leveraging the economic development for this country are supported through CSR programmes. As I mentioned, today Total Energies and Africa Oil have exited and allowed Tullow Oil to take over the 100 per cent ownership of the blocks in Turkana. This is because with the challenge of climate change, the significant concern is on environmental, social, and governance. This addresses issues of investments in people and being conscious of the challenges of climate change. We have seen the rampage in the kind of drought that we experienced, not just in Kenya, but also in down South where power rationing is up to eight hours. For example, in Zambia, in Malawi, and so on. So, we have to pay attention to issues of climate change. So many governments or companies are screening the investment based on corporate policies that encourage companies to act responsibly. Many mutual funds or investment brokerage firms and advisors offer investment products that employ environmental social governance. This ensures that we are not only addressing the environment, but also addressing how we socialize with the community, where we work."
}