Boursa Kuwait: Best Capital Market ESG Strategy GCC 2023
Boursa Kuwait is dedicated to advancing sustainable practices within the local capital market, fostering an investment climate that attracts and nurtures sustainable investments. Central to its Corporate Sustainability strategy are the two pillars of Community and Environment.
The Community pillar highlights the company’s commitment to social responsibility and ensures that all stakeholders are equipped with the essential knowledge and skills to make sound investment decisions while the Environment pillar focuses on minimising the adverse impact of operations and promoting best practices for environmental preservation.
Boursa Kuwait’s initiatives include the publication of comprehensive ESG reports and the development of an ESG Reporting Guide, which supports listed companies in transparent reporting aligned with global standards.
By being a member of the United Nations-led Sustainable Stock Exchanges initiative, Boursa Kuwait promotes corporate sustainability and transparency. Boursa Kuwait’s commitment to these pillars is evident in its robust ESG strategies that align with the State of Kuwait’s national development plan and its “New Kuwait” vision. By fostering an investment environment that prioritises sustainability, Boursa Kuwait attracts a diverse range of participants and investments to the Kuwaiti capital market. Additionally, the company’s educational programs and community initiatives ensure that stakeholders are well-informed and engaged in sustainable practices.
These efforts have culminated in the recognition of Boursa Kuwait’s exceptional contribution to the region’s capital market sustainability, including its significant role in promoting environmental awareness and stewardship. Boursa Kuwait’s consistent efforts in these areas exemplify its leadership and vision for a sustainable future. The CFI.co Judging Panel congratulates Boursa Kuwait on winning the Best Capital Market ESG Strategy award for GCC (2023).