National Bank of Kuwait SAKP 2023 AR2
The report highlights the National Bank of Kuwait's (NBK) strategic progress in 2023, focusing on digital transformation and sustainability. NBK achieved a net profit of KD 560.6 million, representing a 10.1% year-on-year increase, and expanded its global workforce to 8,049 employees. The bank finalized its ESG Governance Framework, aligning with its commitment to achieve carbon neutrality by 2060 and reduce gross operational emissions by 25% by 2025. Additionally, NBK launched the 'Bankee' financial literacy program, reaching over 15,000 students, and joined the United Nations Global Compact to reinforce its dedication to responsible banking.
Company: National Bank of Kuwait SAKP
Sector: Financials
Country: Kuwait
Year: 2023
Type: AR2
Pages: 200
National Bank of Kuwait SAKP
Annual Report
The report highlights the National Bank of Kuwait's (NBK) strategic progress in 2023, focusing on digital transformation and sustainability. NBK achieved a net profit of KD 560.6 million, representing a 10.1% year-on-year increase, and expanded its global workforce to 8,049 employees. The bank finalized its ESG Governance Framework, aligning with its commitment to achieve carbon neutrality by 2060 and reduce gross operational emissions by 25% by 2025. Additionally, NBK launched the 'Bankee' financial literacy program, reaching over 15,000 students, and joined the United Nations Global Compact to reinforce its dedication to responsible banking.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees