Khaberni - The Jordan Kuwait Bank has launched its first Environmental, Social, and Corporate Governance (ESG) strategy for the years 2026–2028, in a step that confirms its commitment to enhancing sustainability practices in the Jordanian banking sector and its role in supporting responsible economic growth and achieving a long-term positive impact.
The strategy focuses on integrating sustainability principles into the bank’s credit and investment decisions, enhancing governance frameworks and risk management, which contributes to creating sustainable value for stakeholders, and supporting national economic stability and growth. In this context, the strategy aims to enhance the green financing portfolio, in line with the national strategy for green finance and the directives of the Central Bank of Jordan, supporting national efforts in climate action and sustainable investments.
The CEO of the Jordan Kuwait Bank Group, Haitham Al-Batikhi, said that the launch of the strategy reflects the bank's commitment to a responsible and future-oriented banking approach, emphasizing that sustainability has become a fundamental pillar for long-term institutional growth. Al-Batikhi also noted that the bank continues to expand the scope of responsible financing, enhance sound governance, and build institutional capacities capable of keeping up with rapid transformations in the financial sector. The strategy will also pay special attention to human capital, through developing competencies, enhancing a work environment based on empowerment, innovation, and accountability, which enhances institutional readiness and performance efficiency.
The sustainability strategy is aligned with the 2033 economic modernization vision, the United Nations Sustainable Development Goals (SDGs), and conforms to the best international practices adopted by the International Finance Corporation (IFC), in addition to leading global disclosure frameworks such as GRI, ISSB, and sustainability disclosure standards issued by the International Financial Reporting Standards (IFRS). It also aligns with the requirements of the Amman Stock Exchange and the instructions of the Central Bank of Jordan, reflecting the bank's commitment to international best practices in transparency and disclosure, through clear performance indicators and periodic reports that track progress and ensure accountability.
