Sustainability

Our Approach
to Sustainability

We aim to bridge the gap towards a more sustainable and resilient future.

NBK Leadership
Commitment

As a leading bank in the region, we’ve evolved our ESG Strategy into a blueprint for long-term economic growth and sustainable development. Together with our customers, partners and stakeholders, we are committed to maximizing shared value and ensuring every financial decision contributes positively to society and the environment.

We are proud to be the first bank in Kuwait to commit to carbon neutrality. Our interim targets reflect our dedication to sustainable business practices, and we are actively integrating climate-related risks and opportunities into our business model. Through innovative sustainable finance solutions, we continue to support the global transition to a low-carbon economy and mitigate the risks of climate change.

NBK Group ESG Strategy

Responsible Banking

Strategic Initiatives:
• Support the transition to a low carbon economy by delivering on our net zero ambitions
• Capitalize on sustainable business opportunities and develop a best-in-class sustainable finance proposition
• Engage with our clients to accelerate their transition plans and support them in achieving their net zero ambitions
• Embed ESG across our supply chain

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Governance For Resilience

Strategic Initiatives:
• Build and implement the highest standards of ESG governance and accountability
• Enhance stakeholder engagement, emphasizing our ESG narrative and commitments
• Develop economic, environmental and social risk resilience

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Capitalizing on Our Capabilities

Strategic Initiatives:
• Promote diversity, equity and inclusion in the workplace
• Promote group-wide ESG transformation through enhanced employee engagement and development programs
• Cultivate and retain local talent by providing rewarding career development opportunities
• Establish a digital and agile work environment

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Investing in Our Communities

Strategic Initiatives:
• Empower communities to achieve financial independence, confidence and security
• Continued and enhanced focus to providing optimal customer experience and service excellence
• Support national development plans to promote and nurture local talent
• Expand our community investment efforts for optimal impact
• Support equitable community and economic development

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ESG Ratings
and Performance

NBK's ESG performance is regularly assessed by leading international ESG rating agencies. These assessments provide valuable information for our investors and other stakeholders on our progress towards our ESG ambitions.

Find out more about NBK's recent ESG scores and ratings.