publish time

04/07/2024

author name Arab Times

publish time

04/07/2024

Kuwait City, July 4: Kuwait Finance House (KFH) participated in the 3rd edition of Eco Talks 2024 at the Scientific Center. This environmental awareness and conservation event aligns with KFH's strategic partnership with the Center and reinforces its commitment to sustainability leadership.

KFH's participation in this forum aligns with the Environment Month initiative, (We Are Generation Restoration). This activity focuses on raising awareness about land restoration, combating desertification, and improving drought resilience. It also emphasizes the importance of innovative solutions in tackling environmental challenges.

The forum addressed the key advancements in the sustainability sector with presentations from experts in the field. KFH showcased its role in preserving the environment and its commitment to promoting a sustainable future through responsible banking practices and green finance initiatives.

The partnership with the Scientific Center includes many initiatives and events focusing on the protection of the environment.

KFH places a strong emphasis on its sustainability strategy, ensuring that its regulations and standards align with international norms and the sustainable development goals. This commitment to sustainability has allowed KFH to excel in this field and be included in the prestigious FTSE4Good Index. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.

KFH is committed to promoting sustainability through strategic partnerships, social initiatives, and environmentally friendly business practices, demonstrating a dedication to protecting the environment.

KFH has made significant strides in the areas of environmental responsibility and sustainability. This includes publishing the first-ever carbon footprint report, issuing the sustainability reports, and implementing a comprehensive sustainability strategy that incorporates ESG considerations. Additionally, KFH has collaborated with the United Nations Development Program (UNDP) on various initiatives aimed at achieving the Sustainable Development Goals (SDGs).

KFH Executive Manager Corporate Relations and CSR, Faisal Alsurayye stated that KFH is pleased to take part in the Eco Talks event organized by the Scientific Center, KFH's key partner in numerous environmental initiatives.

He mentioned that this event provides an excellent chance to raise awareness about the environment by engaging in conversations and dialogues about land reform, desertification, drought resistance, and other sustainability topics that relate to environmental preservation.

Alsurayye commented that the collaboration between KFH and the Scientific Center has been fruitful, achieving numerous objectives and emphasizing that it will persist due to KFH's dedication to advancing overall sustainability and adhering to environmental, social, and governance standards. This effort aligns with the (Keep It Green) campaign, the umbrella of various environmental protection and preservation initiatives, programs, and projects.

He pointed out that KFH boasts a strong track record of successful sustainability initiatives that have solidified its position as a leader in the field.  Examples include the KFH Auto showroom, which achieved a Gold Level Certificate in the Global Sustainability Assessment System (GSAS).  Additionally, the "Keep it Green" campaign and the implementation of various innovative measures to enhance energy efficiency, waste reduction, digitalization of operations, and carbon emission reduction demonstrate KFH's commitment to sustainability.