Investor Presentaiton
PUBLIC
2022-2023 Key ESG Achievements
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> Key Highlights
Launched NBK Sustainable Financing Framework and received SPO by S&P Global.
Developed a roll-out plan for sustainable products for 2023.
Achieved the LEED Gold Certification for NBK Kuwait new Headquarters.
Committed to become carbon neutral by 2060 in line with the State of Kuwait's pledge to achieve carbon neutrality by 2060.
Established interim goals to reduce its gross operational emissions by 25% by 2025 through increasing dependency on renewable and clean energy
solutions and transforming local branches to become eco-friendly.
Installed 12 EV charging stations at different levels of the multi-story car park attached to NBK's green Headquarters.
Approved the new Group ESG Strategy.
Elected eleven board members for a three year term; including two additional Independent members - totaling four independent members, one with
extensive ESG experience.
" Elected first female Board Member.
Finalized and approved ESG Governance Structure and Framework that assigns ESG responsibility across members of the Executive Management.
Established management-level Sustainability Committee headed by the Vice Chairman & GCEO and with direct oversight from the Board of Directors.
Integrated ESG metrics into the Board of Directors' and Executive Management responsibilities, charters, oversight, and affairs.
Joined the United Nations Global Compact (UNGC).
Received our first CDP Score of 'C' for both the Climate Change and Forest categories for the Financial Services sector.
Aligned our operational environmental footprint with GHG Protocol global framework.
Constituent in Refinitiv AFE Low Carbon Select Index MENA.
Launched new designs for all our cards with customer-tailored features, including design themes especially for the visually impaired.
Launched new mobile banking experience for NBK customers themed "Tailored for You", to provide them with the latest and most advanced digital services.
Launched the "Bankee" financial literacy program in Kuwait's public and private schools.
NBK Academy named "Best Youth Programme Initiative" by MEED (MENA Banking Excellence Awards) international magazine.
Received the "Job Replacement and Nationalization Award" on the GCC level. Nationalization rate currently stands at 75.1%.
Awarded "Best Bank for Corporate Responsibility in the Middle East 2023" by Euromoney.
Community Investments totaled USD 75 million in 2022, a 45% increase from 2021.
Launched "She's Next" initiative in partnership with Visa, a global advocacy program that aims to support women-owned small businesses.
Awarded "Best Bank for Diversity and Inclusion in Kuwait" from Euromoney.
Women in workforce 44.0%, women in management 29.3%.
Launched NBK RISE, a global leadership initiative designed to elevate women to more significant leadership roles.
Provided key Sustainability Champions across the Bank with a Global Reporting Initiative (GRI) Standards training program.
Engaged with external consultants to design a specialized training module focused on Sustainability that is planned to launch during 2023 for all employees.
In 2022, each employee received an average of 5.7 hours of training.
Named "Best Financial Innovation Lab in Kuwait 2022" by Global Finance for pioneering innovation in the country and the region.
Fostering employee well-being, NBK partnered with Wara Hospital to provide specialized on-site medical advice to staff.
National Bank of Kuwait 14View entire presentation