Kuwait International Bank KSCP 2024 SR
The report details Kuwait International Bank's (KIB) sustainability performance for 2024, marking its fourth annual edition. Key highlights include the completion of a double materiality assessment and the development of a five-year ESG strategy aligned with the bank's corporate roadmap. KIB demonstrated significant progress in digital transformation, achieving 100% digital appraisal for real estate customers and expanding its sustainable financing portfolio. The bank also reported a 73% reduction in paper consumption and maintained a strong focus on nationalization, with Kuwaiti nationals comprising 75.5% of the workforce. Furthermore, KIB actively participated in green and sustainable Sukuk markets, holding USD 268 million in such investments.
Company: Kuwait International Bank KSCP
Sector: Financials
Country: Kuwait
Year: 2024
Type: SR
Pages: 52
Kuwait International Bank KSCP
ESG Report
The report details Kuwait International Bank's (KIB) sustainability performance for 2024, marking its fourth annual edition. Key highlights include the completion of a double materiality assessment and the development of a five-year ESG strategy aligned with the bank's corporate roadmap. KIB demonstrated significant progress in digital transformation, achieving 100% digital appraisal for real estate customers and expanding its sustainable financing portfolio. The bank also reported a 73% reduction in paper consumption and maintained a strong focus on nationalization, with Kuwaiti nationals comprising 75.5% of the workforce. Furthermore, KIB actively participated in green and sustainable Sukuk markets, holding USD 268 million in such investments.
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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
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees