Kuwait Finance House Bank - Egypt 2024 Sustainability Report
The report highlights KFH Egypt's transition and rebranding from Ahli United Bank - Egypt while maintaining its commitment to sustainability and Islamic banking principles. Key achievements in 2024 include a 2.99% reduction in energy use, a 90% decrease in plastic use, and the establishment of a comprehensive Environmental and Social Management System (ESMS). The bank expanded its financial inclusion efforts, exceeding its target for new accounts by 61%, and increased its sustainable finance portfolio to EGP 20.1 billion. Additionally, the bank enhanced its digital infrastructure and maintained a strong focus on governance, with 34% female representation in governance bodies.
Company: Kuwait Finance House Bank - Egypt
Sector: Finance & insurance
Country: Egypt
Year: 2024
Type: Sustainability Report
Pages: 87
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Kuwait Finance House Bank - Egypt
Sustainability Report
The report highlights KFH Egypt's transition and rebranding from Ahli United Bank - Egypt while maintaining its commitment to sustainability and Islamic banking principles. Key achievements in 2024 include a 2.99% reduction in energy use, a 90% decrease in plastic use, and the establishment of a comprehensive Environmental and Social Management System (ESMS). The bank expanded its financial inclusion efforts, exceeding its target for new accounts by 61%, and increased its sustainable finance portfolio to EGP 20.1 billion. Additionally, the bank enhanced its digital infrastructure and maintained a strong focus on governance, with 34% female representation in governance bodies.
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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
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Employees