NBK embraces eco-friendly practices across its branches

NBK embraces eco-friendly practices across its branches

KUWAIT: In line with its leading role and key contributions towards the effective transition to a sustainable and low-carbon economy, National Bank of Kuwait (NBK) announced that it is ramping up its efforts aimed at transforming its network of branches to be environmentally friendly. NBK is targeting lower energy consumption levels as well as more dependency on renewable energy sources to reduce carbon emissions and support Kuwait’s vision to achieve sustainable growth enshrined in New Kuwait Vision 2035 and the National Development Plan.

As part of NBK’s sustainability strategy aimed at reducing net emissions and increasing renewable and clean energy dependency, the Bank has embarked on a project to install solar panels as a supplemental source of energy in its local branches, which was initially implemented in Kaifan branch as a pilot and will be rolled out in other branches. This initiative will immensely contribute to our efforts to effectively reduce carbon emissions. Along the same efforts focused on power consumption, the Bank is also using 100 percent energy efficient LED technology in all its branches.

NBK’s strategy also aims at implementing key steps to reduce operational emissions going forward, including the installation of Building Energy Management System “BEMS”, a system which