- Managing ESG trade-offs concerning strategic and operational decisions in a region predominately powered by fossil fuels
- Data availability challenges related to e-waste quantity
National Bank of Kuwait S.A.K.P.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, National Bank of Kuwait S.A.K.P. disclosed greenhouse gas emissions of 34.8K tCO2e/year. By scope: Scope 1: 2.5K tCO2e/year; Scope 2: 31.1K tCO2e/year; Scope 3: 1.2K 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
34.8K tCO2e/year
2023
Water Usage
46.9M Imperial Gallons/year
2023
Waste
211.6K kg/year
2023
Energy Use
183.1M MJ/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). | 2.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 31.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.2K 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 | 34.8K tCO2e/year |
| 2022 | 36.5K tCO2e/year |
| 2021 | 38.9K tCO2e/year |
| 2019 | 18.0K metric tons CO2e (based on 5-year average) |
| 2016 | 17.6K tCO2e/year (from electricity consumption) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced electricity consumption by 5.75% YoY and 15.8% compared to our baseline year (2021)
- Reduced overall disclosed GHG emissions by 10.43% compared to baseline year (2021)
- Recycled 99.25 metric tons of paper (87% of total paper usage)
- Approved solar panels installation in 24 branches by 2025
- Installed Building Energy Management System (BEMS) in 22 local branches
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce gross operational emissions by 25% by 2025
- Install solar panels in 24 branches by 2025
- Implement BEMS in 41 branches by July 2024
📅 Medium-term
- Achieve USD 10 billion of Sustainable Assets by 2030
- Increase women in Senior Management to 35% by 2035
🔭 Long-term
- Achieve Carbon Neutrality by 2060
🌱 ESG Focus Areas
Governance for ResilienceResponsible BankingCapitalizing on our CapabilitiesInvesting in our Communities