Jordan Kuwait Bank has officially joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative that brings together financial institutions to standardize and assess greenhouse gas (GHG) emissions from loans and investments.

The bank’s decision to participate in PCAF aligns with its sustainability strategy, which supports international efforts to combat climate change, including the Paris Agreement’s target of limiting global warming. It also reflects Jordan’s Nationally Determined Contributions (NDCs) and the Green Finance Strategy.

In addition, Jordan Kuwait Bank’s involvement in PCAF aligns with the Central Bank of Jordan’s call to prioritize environmentally responsible investments, further reinforcing the bank’s commitment to fostering a sustainable future.

Through this collaboration with PCAF, the bank will work alongside regional and international financial institutions to enhance its transparency and consistency in reporting financed emissions. The partnership is part of a broader initiative to transition toward a low-carbon economy and strengthen Jordan’s resilience against climate change.

Jordan Kuwait Bank CEO, Haethum Buttikhi, commented on the bank’s participation: “Joining the PCAF initiative underscores our commitment to sustainable development and responsible banking. This partnership allows us to better measure and evaluate our environmental impact, contributing to both global and local efforts in reducing carbon emissions.”

The bank views the shift to a low-carbon economy as a responsibility and an opportunity to drive innovation and support sustainable economic growth in Jordan. Jordan Kuwait Bank remains committed to transparently reporting on carbon emissions tied to its financing activities and actively backing projects that help the country address its climate-related challenges.