KFH releases first-of-its-kind carbon footprint report in Kuwait’s banking sector

  • Date: 02-May-2024
  • Source: Arab Times
  • Sector:Oil & Gas
  • Country:Kuwait
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KFH releases first-of-its-kind carbon footprint report in Kuwait’s banking sector

Kuwait City, May 2: Kuwait Finance House (KFH) released the first-of-its-kind Carbon Footprint report in Kuwait’s banking sector. This report solidifies KFH’s role in leading the way in sustainable banking practices and underscores its commitment to environmental responsibility within the financial industry. The carbon footprint report equips KFH with valuable information to unlock insights and …

Kuwait City, May 2: Kuwait Finance House (KFH) released the first-of-its-kind Carbon Footprint report in Kuwait’s banking sector. This report solidifies KFH’s role in leading the way in sustainable banking practices and underscores its commitment to environmental responsibility within the financial industry.

The carbon footprint report equips KFH with valuable information to unlock insights and shape tailored mitigation plans for future years, leading to GHG reduction. These plans serve as a roadmap to comprehensively quantify the GHG inventory, reducing carbon emissions and advancing sustainable development. Through these efforts, KFH actively limits its environmental

impact, aligning with global initiatives to combat climate change and demonstrating its unwavering commitment to environmental stewardship as a responsible financial institution.

Chairman of KFH Group, Hamad Abdulmohsen Al Marzouq said “I am honored to present Kuwait Finance House (KFH)’s Carbon Footprint Report, a testament to our persistent dedication and unwavering commitment to placing environmental