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
National Bank of Kuwait SAKP
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