Kuwait Investment Co KSCP 2024 SR
The report highlights Kuwait Investment Company's (KIC) progress in 2024, focusing on its new five-year corporate strategy and the launch of a formal ESG Strategy and Governance Framework. Key achievements include a 25.2% reduction in electricity consumption and a 30.6% decrease in utility water usage. Financially, KIC saw a 69% growth in revenue and a 77% increase in profit. The company also introduced an ESG screening process and exclusion list for investments. Socially, KIC maintained a diverse workforce representing 13 nationalities and supported numerous community initiatives like the Kuwait Space Hackathon.
Company: Kuwait Investment Co KSCP
Sector: Financials
Country: Kuwait
Year: 2024
Type: SR
Pages: 41
Kuwait Investment Co KSCP
Sustainability Report
The report highlights Kuwait Investment Company's (KIC) progress in 2024, focusing on its new five-year corporate strategy and the launch of a formal ESG Strategy and Governance Framework. Key achievements include a 25.2% reduction in electricity consumption and a 30.6% decrease in utility water usage. Financially, KIC saw a 69% growth in revenue and a 77% increase in profit. The company also introduced an ESG screening process and exclusion list for investments. Socially, KIC maintained a diverse workforce representing 13 nationalities and supported numerous community initiatives like the Kuwait Space Hackathon.
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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
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Employees