Sustainability is a modern topic that impacts our society today. The sustainability (ESG) includes many dimensions, the Environmental dimension such as climate change and resource scarcity, social dimension, such as caring of employees, financial inclusion and data privacy, and Governance dimension, such as board composition, anti-corruption and bribery, and ethical business practices. Collectively, these are commonly referred to as ESG (Environment, Social, and Governance).
Sustainability covers a broad spectrum of environmental and social matters, with the environment/climate change being one of the defining challenges in recent time. As a leading Islamic Bank, we recognize the role we have to play in addressing this challenge and helping to shape the global transition to a sustainable and climate-friendly economy.
Since the state of Kuwait signed with the Global Sustainable Development Agenda in 2015, we as global Islamic bank and originated from the state of Kuwait demonstrated our commitment to contribute to the goals of the Kuwait 2035 vision. We reinforced this vision through financing many construction projects. KFH also contributes to SDG goals. Being globally acknowledged as being an Islamic bank market leader with a wide-spread network in almost every continent, this contributes to the strategic pillar of Kuwait “Global Positioning” and SDG goal #17. Through the banking services and projects finance and facilities, KFH aligns with “Sustainable Diversified Economy”, and “Sustainable Living Environment” pillars, in addition to SDG goal #8.