KFH releases first-of-its-kind carbon footprint report in Kuwait’s banking sector
The Carbon Footprint Report provides KFH with valuable information to unlock insights and formulate customized mitigation plans for the coming years, leading to reduced greenhouse gases. These plans serve as a roadmap to comprehensively identify greenhouse gas stocks, reduce carbon emissions and promote sustainable development. Through these efforts, KFH is working to reduce its environmental activity
Impact, in line with global initiatives to combat climate change and demonstrate its firm commitment to environmental stewardship as a responsible financial institution.
Chairman of the Board of Directors of Kuwait Finance House Group, Hamad Abdul Mohsen Al-Marzouq, said: “I am honored to present the carbon footprint report for Kuwait Finance House, which is evidence of our continued dedication and firm commitment to placing environmental responsibility at the core of our operations.
We understand that financial prosperity goes hand in hand with environmental well-being. We don’t just build a better future for our customers and shareholders; We are actively investing in a healthier planet for future generations.
Al Marzouq added: “Over the past few years, we have proudly made great strides in reducing our carbon footprint, first in promoting green financing. Our branch in Türkiye; Kuwait Finance House – Turkey issued green sukuk, the first of its kind in the field of financing compatible with the provisions of Islamic Sharia. We also moved to technology-based solutions, reducing electricity and paper consumption, and enhancing KFH’s efforts towards digital transformation in line with the bank’s sustainability and environmental preservation strategy. Our commitment to sustainable infrastructure has improved energy efficiency across all KFH Group sites.
- For more: Elrisala website and for social follow us on Facebook
- Source of information and images “arabtimesonline“
