Kuwait Finance House KSCP 2021 Sustainability Report
The report highlights Kuwait Finance House's (KFH) sustainability performance for 2021, focusing on its EESG strategy across six capitals. Key achievements include the issuance of a USD 350 million Tier 2 sustainability Sukuk, the first of its kind globally, and the launch of the 'Keep it Green' initiative. KFH reported a 64% increase in net profit and maintained a high Kuwaitization ratio of 76%. The bank also advanced its digital transformation, with 160 million online transactions. Environmental efforts included measuring Scope 1, 2, and 3 emissions and launching the first eco-friendly recycled plastic card in Kuwait.
Company: Kuwait Finance House KSCP
Sector: Finance & insurance
Country: Kuwait
Year: 2021
Type: Sustainability Report
Pages: 59
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Kuwait Finance House KSCP
Sustainability Report
The report highlights Kuwait Finance House's (KFH) sustainability performance for 2021, focusing on its EESG strategy across six capitals. Key achievements include the issuance of a USD 350 million Tier 2 sustainability Sukuk, the first of its kind globally, and the launch of the 'Keep it Green' initiative. KFH reported a 64% increase in net profit and maintained a high Kuwaitization ratio of 76%. The bank also advanced its digital transformation, with 160 million online transactions. Environmental efforts included measuring Scope 1, 2, and 3 emissions and launching the first eco-friendly recycled plastic card in Kuwait.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Employees