KFH: Remarkable efforts in in supporting environmental and sustainability initiatives

As part of its sustainable development strategy, Kuwait Finance House (KFH) continues its remarkable efforts in supporting environmental and sustainability initiatives under "Keep it Green" campaign.

KFH organized a special event for kids on the World Environment Day. The event, that was titled "Coloring & Gardening Workshop" and witnessed huge participation, aimed at raising awareness among kids on the importance of gardening and keeping the environment clean and safe.

The event took place in Smiling Seedz Café, in collaboration with (Seeds) and (Biohydro) businesses at the Promenade Mall. All the tools and equipment used during the event were made of recycled materials in effort to deliver an important message to children about the importance of utilizing all resources in the recycling process to preserve the environment.

The event was well praised by the parents who shared their thoughts on the importance of organizing similar events that promote the culture of environmental sustainability in light of the worldwide focus on this trend.

It is worth noting that KFH has launched several environmental initiatives under the umbrella of "Keep it green" campaign, such as the initiative held at Assima Mall in collaboration with PUFF, where it contributed in the collection of more than 25 thousand plastic bottles within 5 hours for recycling.

KFH has also signed a strategic partnership with the Public Authority for Agricultural and Fishery Affairs to support the plantation and greening of Kuwait areas.

In addition, the Bank has also signed a strategic partnership with the Sedra initiative and the voluntary Green Dream team, which includes various environmental projects and activities in the field of plantation and mitigation of carbon emissions. The "Carbon Offset" platform, designed by (Sedra), is the first platform in Kuwait through which carbon emission may be mitigated and other future environment projects may be launched. KFH has participated in supporting the initial stage of the project which comprises the plantation of 500 trees and providing 3 years care, which is the average care period required for the tree to be self-sufficient.

The Bank's voluntary team has participated in cleaning Kubbar island in collaboration with the Public Environment Authority and the Coast Guard.

Also, KFH is the first bank at the private sector level to support the Agrivage initiative which was established by Kuwaiti youth to transform vegetables and fruits leftovers into manure for the soil.

KFH provides 5 products of KFH smart plastic bank cards which are 85.5% made of recycled plastic of high global quality and specifications according to the highest environment sustainability standards and certified by specialized global organizations e.g., Visa, MasterCard, IDEAMIA card industry. This industry is the first of its kind in Kuwait as environment friendly initiatives and banking cards compliant to global sustainability practices.

KFH owns the eco-friendly KFH Auto showroom that is fully compatible with green buildings and global sustainability standards. It is the largest auto showroom in the Middle East covering a total area of 38 thousand square meters.

KFH released the sustainability report as part of its group integrated sustainability strategy. The report covers environment, society, financial inclusiveness, employees' rights, customer protection and governance manual in KFH activities, management, and operations at the operational and business continuity levels to achieve an added value for shareholders, customers, partners, and stakeholders.