“We remain committed to leveraging ESG principles to drive responsible business practices” says company’s representative

KIPCO – Kuwait Projects Company (Holding) – published its second Sustainability Report. The report, in line with the Global Reporting Initiative (GRI), outlines the company’s achievements and progress in the environmental, social and governance (ESG) areas for the year 2022.

The report highlights KIPCO’s ESG Strategy which aims to embed a foundation of long-term value creation for the business, and a vision to advance the role of ESG across KIPCO, its operating businesses and stakeholders. The strategy includes five priorities: attractive workplace, positive environmental outcomes, responsible community engagement, adaptive governance and sustainable economic impact.

On this occasion, Ms Eman Al Awadhi, Group Senior Vice President – Corporate Communications and Investor Relations at KIPCO, said:

“One of KIPCO’s fundamental principles is our strong commitment to contribute to the prosperity of the community. This Sustainability Report is a clear reflection of our dedication to this belief. By leveraging our ESG Strategy, implementing adaptive governance practices, prioritizing our employees, embracing environmental and social responsibility, and harnessing the power of digitization and technology, we strive to fulfill our enduring commitments as stewards of the communities in which we operate.”

She added:

“We recognize the need to integrate ESG principles in our operations, and our ESG Strategy will serve as a guiding framework for KIPCO’s advancement in initiatives in this area. We remain committed to meeting the expectations of our investors and stakeholders and leveraging ESG principles to drive responsible business practices.”