Kuwait: Global Business Outlook magazine has announced on its website that Bursa Kuwait has won the 2022 “Most Sustainable Practices in ESG” award. Named ‘Middle East’ by Pan Finance and ‘Most Sustainable Company in the Financial Services Industry’ by World Finance.
The Global Business Outlook Awards aim to recognize and reward business excellence around the world and to promote the outstanding achievements of companies and business leaders across a range of industries. The magazine praised the sustainability of Kuwait’s capital markets, not only being a key cog in the adaptability and sustainability of Kuwaiti capital, but also positioning the exchange as an exemplary issuer and the highest standards in its operations. and a company that has adopted and followed the practice. market.
Bursa Kuwait’s award recognizes the company’s commitment to develop and strengthen its business, especially in the areas of Environmental, Social and Governance (ESG) reporting and implementation, as the company continues to build on its award-winning history. It is an important indicator of constant effort. In 2021, he won five awards including ‘Sustainable Stock Exchange in the Middle East 2021’ by Pan Finance.
At the end of 2021, Bursa Kuwait will publish its ESG Reporting Guide. This guide helps publicly traded companies report on environmental, social and governance issues and meet the growing needs of various stakeholders, including investors, customers, suppliers and regulators. Transparent and regular information.
We will better serve our various stakeholders and ensure that the country’s capital markets operate efficiently and effectively, while keeping the health and safety of our employees and all market participants at the forefront. I’m still finding new ways to
Additionally, as part of its commitment to executing on the company’s sustainability strategy, the company published its first standalone sustainability report. This report details his strategies, partnerships and initiatives in the area of his ESG reporting and implementation for 2021.
Bursa Kuwait has adopted a comprehensive Corporate Sustainability (CS) strategy built on the three pillars of Education, Community and Environment to ensure that it is committed to the sustainable development of the communities in which it operates. We are continuously striving. Creating long-term value for the company’s stakeholders in economic, social and environmental dimensions and ensuring that all corporate social responsibility (CSR) initiatives are aligned with sustainability goals for the purpose of
The company applies and aligns its initiatives with corporate social responsibility (CSR), industry best practice standards and investor expectations, as well as a three-step process to coordinate, create and integrate. developed a strategy for Ultimately successful, Bursa Kuwait leverages the capabilities and strengths of other companies and organizations with experience in a variety of sectors, integrating sustainability efforts into its corporate culture to ensure longevity and continuous sustainability. Sustainable partnerships that enable you to achieve impact. And it permeated the day-to-day operations of the stock exchange.
As part of the strategy, Bursa Kuwait will work with many local and international organizations focused on supporting non-governmental organizations and philanthropic programs, financial literacy and capital market awareness, women’s empowerment, and environmental protection. started the initiative.
Since its establishment, Bursa Kuwait has focused on building an attractive issuer base in accordance with international practices and standards to transform Kuwait into a regional and global investment destination as well as regional and global has taken a number of steps to strengthen the position of the exchange. Expand our investor base, broaden our product depth and breadth, and upgrade our infrastructure and business environment to international standards.