Nachhaltigkeit und Social Verantwortung im Fokus – Nachrichten AG

Kuwait Finance House (KFH) has further strengthened its status as a financial institution in the context of internal accountability and sustainability. With the publication of the sustainability reports 2023, of the most important integral reporting reports, KFH brings its business activities into the area of ​​its geltung.

Yousef Abdullah Al-Ruwaieh, Deputy General Director for Public Work and Media, confirms that KFH is a market leader in the social sector that has been developed. It is a fact that other people have gone through the hole of the euro money when it comes to promoting CSR in Kuwait.

Engagement for a long-lasting future

The KFH initiative has probably become an über 200 program, which is realized in partnerships with local and international organizations. The Ziel program has yielded the best results, including the sale of the product. In addition to the renewal of the “Keep it Green” initiative, the focus is on environmental protection.

Additionally, KFH has entered into a strategic partnership with the Public Authority for Agriculture and Fisheries Affairs, realizing a development and investment project in Kuwait. KFH’s involvement is one of the best practices in the internal culture of integration.

Another example is the topic of the KFH during the Climate Change Hackathon, which the Gulf University for Science and Technology (GUST) has proposed. The Hackathon offers a great challenge and a global experience in the teilnehmern.

Because KFH has set up the ‘Fun with Weaving’ initiative together with Sadu House, the children may work with recycled materials in creative themes.

A central element of the KFH engagement lies in the general atmosphere. So were zurden zurreiche Program in Zusammenarbeit mit dem AlSalam Hospital hired, will the Campaigns for Breast and Prostate Cancer offer a program for the World Diabetes Day. In addition to having received the help of the CPR Life Saver Program, you can be guilty of debts for life-saving care, a life-saving care for the future.

Bildung und Social Entwicklung fördern

However, KFH is not on the right track, but on Bildung. Al-Ruwaieh has given KFH a prize for the best absolvents of higher studies in the event that they have made a proposal and completed their project plans. It is the sponsorship of the Engineering Design Exhibition and the Faculty of Engineering and Petroleum that follows the Unterstützung of the Kuwait Codes Program and the Junior Coded Program.

KFH has taken an initiative for social initiatives, while the Bau of the KFH family in Kyrgyzstan and the KFH-lese-wettbewerb, the children’s and youth recitation of the Holy Quran has changed.

I am a new partnership with the Touristic Enterprises Company that supports the Winter Wonderland Project. Darüber has called on the KFH to commit to the Principles of the Strengthening of Women in Joint Work with the Development Program of the United Nations (UNDP).

Mohammad Alarbeed, Executive Manager for Governance and Sustainability, had the following Entwicklungsbericht 2023 of the KFH in the Hinblick on the economy and universal knowledge. The Bank focuses on the sustainable development (SDGs) and is active in the improvement of communities, which are accordingly.

KFH is committed to the use of extremely friendly products in its banking services, a project for the reduction of coal dust emissions and for the financing of sustainable practices.

A Beispiel is the Einführung of a Druckmanagementsolution for the financing of nachhaltiger Druckpraktiken and the Einführung of Kreditkarten from recyceltem Kunststoff. Dies unterstreicht KFHs Verpflichtung omweltbewussten Innovationen, which will make 49% of new credit cards made from recycled material by 2023.

Everything happened in the framework of KFH’s continuous investment, a transparency and accountability that provides a fundamental care strategy for integration, which has a good best practices orientation.

Vorangehen im Bereich der Unternehmensverantwortung

The latest news from KFH has just started financing loans, but it is not that there is no financial activity in the foreground. Damit said that KFH has established its commitment to a permanent business organization and given social responsibility.

While the KFH has not established these mandatory requirements as a threshold in the Kuwaiti banking sector, it is part of an inseparable commitment to achieving a sustainable environment and responsible corporate governance.

The policy of corporate social responsibility (CSR) in the financial sector has had a grim impact for a number of years. Banks and financial institutions see it as a problem, the social economy of the economy and the greedy government practices that they implement. It is safe from the background of global re-examinations, with the climate walk, the social unevenness and the anforderungen a just economic development. KFH said with its initiative, that a positive financial impact on the Society from the economy.

KFH is not alone in its mission. The entire banking and financial sector in Kuwait and the region has more attention to the financial sector and the social economy in the gang. If the production and service activities are stopped, there is nothing profitable, but biologically and socially digestible. It is a task to appeal to the banks, the direction and the management, a controlled vision that is effective in the field of management.

Global Trends and Local Initiative

The global trends in the financial sector have a direct influence on the strategies of institutions at KFH. There is no reaction to the regulations in the areas of health care, social affairs and unternehmensführung (ESG). These trends are reflected in the strategy of KFH more broadly, the initiative is being implemented, a so-called gesellschaftlichen as a kind of herausforderungen that have started.

An example of a local initiative is the “Kuwait Green Initiative”, which will increase the community of schützen and the quality of life in urban areas. KFH is actively and actively involved in the implementation of programs, the execution and the creation of the grünflächen basis. Provide for local governments and organizations that seek the integrative Ansatz of KFH, a sustainable enterprise for the financing.

Messbare Erfolge and Statistics

After receiving reports from the KFH industry, 200 initiatives have already been made possible in the last years of life, which are focused on CSR and have received a lot of attention. There are numerous projects in the area of ​​Education, Health and Environmental Protection. Statistics indicate that the initiative has implemented the CPR Life Saver programs and the Education initiatives that have a positive direct impact on the community. When the KFH started working at the privileged banks in Kuwait, the CSR was invested in the area of ​​​​and the sustainable development, through the more designations.

The continuous repayment of the credit cards, the recycling of plastic products, is carried out by the long-term commitment of the bank. In the year 2023, 49% of new credit cards will be produced from recycled material. Solche Zahlen is no longer connected to the Umwelt, but looks at KFH’s innovative Ansätze zur Integration von Nachhaltigkeit in its product line.

KFH’s e-influss in the social sector will be supported by the positive results of project development projects and partner organizations. The feedback results from a German improvement in quality of life and awareness of the quality of life in the society served by the Bank.

Overall, KFH demonstrates through its diverse programs and initiatives that the financial institution enables and resolves a key role in the process of social and ecological transformation.