Kuwaiti Minister and Banks Discuss Sustainability Cooperation

Kuwait's Minister of Development and Sustainability, Reem Al-Flyaj, discussed with the Kuwait Banks Union and its member banks ways to enhance cooperation between the government sector and the banking sector in the field of sustainability, with the aim of supporting Kuwait's sustainable development goals. The meeting reviewed national initiatives and current practices, as well as discussed mechanisms to improve sustainability reporting and the quality of corporate disclosure, focusing on developing sustainability reporting methodologies in accordance with international best practices. The minister emphasized that building partnerships with the banking sector serves as a model for strengthening and embedding sustainability principles in Kuwait, underscoring the importance of inter-sector collaboration to achieve national development goals in line with Kuwait's future vision.

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