National Bank of Kuwait SAKP 2024 SR

The report highlights NBK's progress in its ESG journey, including the issuance of Kuwait's first green bond worth USD 500 million. The bank achieved its interim target of reducing operational emissions by 25% by 2025, reaching a 28.3% reduction compared to the 2021 baseline. NBK also joined the Partnership for Carbon Accounting Financials (PCAF) to measure financed emissions and released its first TCFD-aligned report. Socially, the bank expanded its Bankee financial literacy program to over 32,000 students and achieved a 78% nationalization rate in Kuwait.

Company: National Bank of Kuwait SAKP

Sector: Financials

Country: Kuwait

Year: 2024

Type: SR

Pages: 80

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National Bank of Kuwait SAKP

National Bank of Kuwait SAKP 2024 Sustainability Report

Sustainability Report

The report highlights NBK's progress in its ESG journey, including the issuance of Kuwait's first green bond worth USD 500 million. The bank achieved its interim target of reducing operational emissions by 25% by 2025, reaching a 28.3% reduction compared to the 2021 baseline. NBK also joined the Partnership for Carbon Accounting Financials (PCAF) to measure financed emissions and released its first TCFD-aligned report. Socially, the bank expanded its Bankee financial literacy program to over 32,000 students and achieved a 78% nationalization rate in Kuwait.

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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

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees