Warba Bank KSCP 2024 SR
The report highlights Warba Bank's 2024 sustainability progress, notably the issuance of Kuwait's first sustainability Sukuk valued at USD 500 million. The bank implemented a comprehensive ESG Policy Framework and integrated climate-related risks into its Internal Capital Adequacy Assessment Process. Significant achievements include a 84.88% nationalization rate and a 90% customer satisfaction score. Environmentally, the bank launched solar energy systems across eight branches, avoiding 42.05 tCO2e in emissions. Digital innovation remained a priority with the expansion of the SiDi account for financial inclusion and the launch of the BEYOND app for SMEs. The report aligns with GRI, SASB, and ISSB standards, reflecting the bank's commitment to ethical Islamic banking.
Company: Warba Bank KSCP
Sector: Financials
Country: Kuwait
Year: 2024
Type: SR
Pages: 159
Warba Bank KSCP
Sustainability Report
The report highlights Warba Bank's 2024 sustainability progress, notably the issuance of Kuwait's first sustainability Sukuk valued at USD 500 million. The bank implemented a comprehensive ESG Policy Framework and integrated climate-related risks into its Internal Capital Adequacy Assessment Process. Significant achievements include a 84.88% nationalization rate and a 90% customer satisfaction score. Environmentally, the bank launched solar energy systems across eight branches, avoiding 42.05 tCO2e in emissions. Digital innovation remained a priority with the expansion of the SiDi account for financial inclusion and the launch of the BEYOND app for SMEs. The report aligns with GRI, SASB, and ISSB standards, reflecting the bank's commitment to ethical Islamic banking.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Jan 1, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Women in Management
Employees