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5th Sustainability Report 2020 of National Bank of Kuwait (NBK)

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Founded in Kuwait City in 1952, the National Bank of Kuwait (NBK) is the country’s local bank. NBK’s main operational focus is the Middle East and North Africa (MENA) region.

On the environmental front, NBK reduced its electricity consumption by more than 70%, and its water consumption by more than 80%, after moving into its new headquarters office building (in line with LEED Gold) and to COVID-19-related reduced time at work for employees.

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Description

5th Sustainability Report 2020-21 of National Bank of Kuwait (NBK) summarised the company’s continued progress in advancing environmental, social, and governance (ESG) management activities and performance.

The main axis of NBK’s latest report focuses on the company’s proactive initiatives to protect the health and safety of customers, employees, and community, while simultaneously maintaining the nation’s leading financial services and ensuring the resilience of its business.

The report shares sustainability-related commitments, activities and initiatives, as well as performance and progress against goals.

As it was for companies around the globe, however, the COVID-19 pandemic brought the social dimension of sustainability front and center in 2020.

Title of the report: 5th Sustainability Report 2020-21 of National Bank of Kuwait (NBK)

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