Annual Report 2022 - The Beginning of a Journey of Transformation slide image

Annual Report 2022 - The Beginning of a Journey of Transformation

ย ABK SUSTAINABILITY FRAMEWORKS GRI GREENHOUSE GAS PROTOCOL SUSTAINABLE DEVELOPMENT GOALS 1 2 3 555 14 15 1 10- ( MSCI Q FTSE Russell S&P Global MORNINGSTAR® SUSTAINALYTICS Bloomberg كويت جديدة NEWKUWAIT Main Reporting Framework Global Reporting Initiative • A sustainability reporting standard widely used by various organizations around the world It is composed of a set of universal standards (general disclosures), as well as topic- specific standard disclosures GHG protocol Is a standardized framework for organizations to measure, manage and report their greenhouse gas emissions International Framework for Sustainability • The United Nations Sustainable Development Goals (SDGs) consists of 17 goals which cover the following dimensions: • · . Economy Environment Community Labor rights • Equality International ESG Rating ESG rating agencies assess and rate organizations' ESG performance and investments based on information provided in the public domain or by the organization itself. • Assessments are quantified into annual scores using unique frameworks and criteria. • The scores provide investors with insights on how well an organization is managing its ESG performance and risks. Kuwait Frameworks for Sustainability Kuwait National Development Plan (KNDP) • • . • Economic diversification Infrastructure development Human capital development Environmental sustainability Governance and institutional reform Social development 25
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