As part of its sustainability strategy, Jordan Kuwait Bank has been committed to publishing sustainability reports on an annual basis since 2020. These reports outline the banks efforts to integrate sustainability into its strategy and operations, highlighting its aspirations for the future and its commitment to achieving the highest standards of sustainability, staying true to its vision of being “More than just a bank”.
Jordan Kuwait Bank ensures that the sustainability reports are prepared in accordance with the internationally recognized Global Reporting Initiative (GRI), which are among the most widely adopted frameworks for sustainability reporting globally.
Jordan Kuwait Bank (JKB) has launched its Sustainable Finance Framework, aimed at driving Jordan’s economic transition towards a green economy, fostering the growth of the green finance capital market, and promoting financing for sustainable and environmentally friendly projects. This initiative contributes to reducing greenhouse gas emissions, creating financing opportunities for new projects and businesses, and advancing the achievement of the United Nations’ Sustainable Development Goals (SDGs).
The framework aligns with the Green Bond Principles issued by the International Capital Market Association (ICMA), which set best practices for the issuance of green bonds, particularly concerning transparency and disclosure.
JKB’s Sustainable Finance Framework has been audited by the global rating agency “Sustainalytics,” which confirmed its alignment with the principles set by the ICMA.
The timeline highlights Jordan Kuwait Bank's journey and achievements in sustainability from 2018 to 2024. It reflects the bank's dedication to environmental and social responsibility, as well as its commitment to driving positive change through innovative initiatives and partnerships.