KPMG in Kuwait conducts first seminar on ESG

KPMG in Kuwait conducts first seminar on ESG

Kuwait – Considering rising investor concerns and expectations pertaining to environmental, social and governance (ESG) issues, KPMG in Kuwait held an exclusive seminar to help organizations understand how they can integrate ESG into their businesses on 29 November 2023. The event also aimed to put more light on the implications of climate change, their impact on businesses’ bottom line, and how potential opportunities within the marketplace can be leveraged.

The seminar came in the light of climate change emerging as a matter of increasing global urgency and a potential marketplace both locally and globally. As a result of this upshot, organizations are finding it challenging to tackle climate-related risks and/or tap into possible growth pools.

Opening the event, Dr. Rasheed Al-Qenae, Managing Partner, KPMG in Kuwait, said, “Last year, at the COP27 conference in Egypt, Kuwait committed to achieving Net-Zero by 2060 and becoming carbon neutral in the oil and gas sector by 2050. Today, ESG has not only emerged as one of the most accelerated risks and opportunities but also serves as a critical framework to assess the sustainability and ethical impact of businesses and investments. That is why it is paramount that organizations aligned their goals with sustainable values