National Bank of Kuwait (NBK) continues to gain global praise for its strong efforts in sustainability and governance. The NBK sustainability strategy plays a central role in driving this progress. Recently, the bank earned high recognition from global ESG rating agencies, further validating its long-term vision.
Morningstar Sustainalytics upgraded NBK’s ESG Risk Rating from medium to low. Moreover, MSCI raised its score from ‘BBB’ to ‘A’. These improvements reflect NBK’s long-term sustainability approach, which aims to reduce risk and enhance transparency.
NBK relies on a four-pillar ESG framework to guide every decision. These pillars such as governance, responsible banking, community investment, and talent development, form the foundation of the NBK sustainability strategy. As a result, the bank creates consistent value for investors, clients, and communities.
Furthermore, the bank made a major leap by launching Kuwait’s first Green Bonds. This $500 million issuance drew strong international interest. The proceeds financed clean energy, eco-friendly transport, and sustainable construction. Each project aligns with NBK’s broader commitment to environmental leadership and responsible finance.
The bank also acts on climate accountability. It became the first Kuwaiti bank to join the Partnership for Carbon Accounting Financials. It also published its first climate-risk report. Both actions demonstrate how the NBK sustainability strategy aligns with international climate standards and impact measurement.
Beyond environmental efforts, NBK actively promotes social development through its long-term sustainability vision. This approach emphasizes inclusion, equity, and diverse talent. Notably, the NBK RISE program supports women in leadership roles. At the same time, policies on diversity, mentorship, and fairness ensure equal opportunities across the organization.
Additionally, NBK applies ESG criteria across credit and investment decisions. Its Environmental and Social Risk Management system supports the goals of the NBK sustainability strategy. This ensures that business growth remains responsible, forward-looking, and aligned with community values.
NBK continues to evolve with global sustainability standards. Every initiative, whether climate action, social equity, or financial transparency, ties back to the NBK. The bank remains committed to leadership in ESG and long-term regional impact.
