Kuwait International Bank KSCP 2021 Sustainability Report
The report marks Kuwait International Bank's (KIB) first annual sustainability disclosure for 2021, detailing its ESG strategy and alignment with Kuwait Vision 2035. Key highlights include becoming the first bank in Kuwait to join the UN Global Compact and achieving the CIPS Ethics Mark for procurement. KIB reported a 73% Kuwaitization rate and 22% women in management positions. The bank focused on digital innovation through its 'Mubader Ecosystem' for entrepreneurs and participated in significant sustainability-linked sukuk issuances. Despite pandemic-related challenges, KIB maintained financial stability while advancing its commitment to environmental preservation and community development.
Company: Kuwait International Bank KSCP
Sector: Finance & insurance
Country: Kuwait
Year: 2021
Type: Sustainability Report
Pages: 58
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Kuwait International Bank KSCP
Sustainability Report
The report marks Kuwait International Bank's (KIB) first annual sustainability disclosure for 2021, detailing its ESG strategy and alignment with Kuwait Vision 2035. Key highlights include becoming the first bank in Kuwait to join the UN Global Compact and achieving the CIPS Ethics Mark for procurement. KIB reported a 73% Kuwaitization rate and 22% women in management positions. The bank focused on digital innovation through its 'Mubader Ecosystem' for entrepreneurs and participated in significant sustainability-linked sukuk issuances. Despite pandemic-related challenges, KIB maintained financial stability while advancing its commitment to environmental preservation and community development.
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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
Women on Board
Women in Management
Employees