Arzan Financial Group for Financing and Investment KPSC 2024 SR
The report highlights Arzan Financial Group's (AFG) commitment to sustainability through its second ESG report for the 2024 fiscal year. Key achievements include a 100% growth in net profit and significant investments in digital transformation, with 90% of internal processes now automated. AFG demonstrated environmental stewardship by reducing electricity and water consumption and investing approximately $13.75 million in environment-related standards over three years. Socially, the company focused on diversity, with employees from 14 nationalities and a 41% Kuwaitization rate, while also contributing KD 43,500 to local charitable foundations. Governance remains a priority, with 100% board meeting attendance and a robust risk mitigation framework in place.
Company: Arzan Financial Group for Financing and Investment KPSC
Sector: Financials
Country: Kuwait
Year: 2024
Type: SR
Pages: 35
Arzan Financial Group for Financing and Investment KPSC
ESG Report
The report highlights Arzan Financial Group's (AFG) commitment to sustainability through its second ESG report for the 2024 fiscal year. Key achievements include a 100% growth in net profit and significant investments in digital transformation, with 90% of internal processes now automated. AFG demonstrated environmental stewardship by reducing electricity and water consumption and investing approximately $13.75 million in environment-related standards over three years. Socially, the company focused on diversity, with employees from 14 nationalities and a 41% Kuwaitization rate, while also contributing KD 43,500 to local charitable foundations. Governance remains a priority, with 100% board meeting attendance and a robust risk mitigation framework in place.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees