- Climate change risks and opportunities.
- Technology adoption challenges in digital transformation.
- Skill gaps and talent shortages in digital transformation.
- Data management challenges in digital transformation.
Kuwait Finance House— Kuwaiti Shareholding Company Public (K.S.C.P)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Kuwait Finance House— Kuwaiti Shareholding Company Public (K.S.C.P) disclosed greenhouse gas emissions of 41.2K tCO2e/year. By scope: Scope 1: 5.7K tCO2e/year; Scope 2: 35.4K tCO2e/year; Scope 3: 147.7 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
41.2K tCO2e/year
2023
Water Usage
30.2K m3/year
2023
Waste
4.5K kg/year
2023
Energy Use
52.5M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 5.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 35.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 147.7 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 41.2K tCO2e/year |
| 2022 | 42.0K mtCO2e/year |
| 2021 | 14.2K tCO2e/year |
| 2019-01 to 2020-12 | 14.1K tCO2e/year (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 GHG emissions to 5,688.8 tCO2e in 2023 from 8,215 tCO2e in 2022 (due to proper reporting and tracking of AC charges).
- Launched the first-of-its-kind Carbon Footprint report in Kuwait’s banking sector.
- Introduced the “Green Products Financing” campaign to support the construction of private housing with strict environmental standards.
- KFH’s Auto showroom received the Global Sustainability Assessment System (GSAS) Gold Level Certificate.
🌱 ESG Focus Areas
EconomicEnvironmentalSocialGovernance