Kuwait International Bank KSCP 2023 SR
The report highlights Kuwait International Bank's (KIB) sustainability performance for 2023, marking its 50th anniversary. Key achievements include the launch of three new digital platforms, such as KIB Aqari, and the transformation of the Mubader Center into a subsidiary to support SMEs. The bank reported a 40.44% increase in net profit and trained 99.4% of its workforce. Environmental efforts focused on a 5.65% reduction in electricity consumption and the disclosure of Scope 1, 2, and 3 GHG emissions. KIB also increased its ESG Sukuk investments to $132 million, representing 16.3% of its total Sukuk portfolio.
Company: Kuwait International Bank KSCP
Sector: Financials
Country: Kuwait
Year: 2023
Type: SR
Pages: 72
Kuwait International Bank KSCP
ESG Report
The report highlights Kuwait International Bank's (KIB) sustainability performance for 2023, marking its 50th anniversary. Key achievements include the launch of three new digital platforms, such as KIB Aqari, and the transformation of the Mubader Center into a subsidiary to support SMEs. The bank reported a 40.44% increase in net profit and trained 99.4% of its workforce. Environmental efforts focused on a 5.65% reduction in electricity consumption and the disclosure of Scope 1, 2, and 3 GHG emissions. KIB also increased its ESG Sukuk investments to $132 million, representing 16.3% of its total Sukuk portfolio.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Women on Board
Employees