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“Burqan” Maintains Inclusion in the “FTSE4Good” Index

“Burqan” Maintains Inclusion in the “FTSE4Good” Index

Boubyan Bank announced its continued inclusion in the FTSE4Good Index Series, following the periodic review conducted by global index and data provider FTSE Russell in June 2026. Developed by FTSE Russell, the FTSE4Good Index Series aims to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. The series is widely adopted by investors and institutional investors to create and evaluate responsible investment funds and other investment products.

The index’s assessment is based on measuring performance across key pillars, including corporate governance, health and safety, anti-corruption, and climate change. This requires targeted companies to meet rigorous and diverse ESG standards. Boubyan Bank’s continued inclusion in this index reflects the bank’s ongoing efforts to strengthen its ESG framework, enhance transparency and disclosure levels, and integrate sustainability standards into its overall strategy, operational processes, risk management approach, and decision-making mechanisms.

In this context, Fadel Abdullah, CEO – Kuwait at Boubyan Bank, stated: “Maintaining our position within the FTSE4Good Index Series embodies the continuous progress we are making in developing our ESG practices, enhancing transparency, and embedding sustainability across all pillars of our business. Sustainability at Boubyan Bank is an integral part of our long-term strategy and serves as the primary driver of how we achieve sustainable impact for our clients, employees, community, and all relevant stakeholders.”

The bank reaffirmed its commitment to advancing its ESG agenda in line with global best practices, while simultaneously supporting continuous growth and delivering enduring long-term value. Building on this momentum, Boubyan Bank continues to translate its ESG commitments into tangible initiatives covering various sustainability areas, supporting responsible business practices and providing long-term added value to all stakeholders.

Over the past years, Boubyan Bank has made significant progress in integrating environmental standards into its core business activities, particularly in lending and risk management processes. Approximately 70% of its corporate credit portfolio underwent a detailed review to identify sustainability-related risks and opportunities (ESG), underscoring its continuous focus on responsible financing and the development of risk measurement tools. Additionally, the bank contributed to economic development by providing KWD 100 million in financing to small and medium-sized enterprises (SMEs) and allocating KWD 23.5 million to sustainability-focused projects in 2025. These efforts help align the bank’s portfolio with global sustainability trends, reinforcing its approach to responsible lending.

Environmental responsibility remains a cornerstone of Boubyan Bank’s ESG agenda, with increasing focus on financing low-carbon and resource-efficient activities, expanding greenhouse gas monitoring, and developing scientific pathways for carbon reduction. Concurrently, in waste management practices, the bank successfully maintained its LEED Gold certification for the operations and maintenance of its headquarters building.

On the social front, the bank has solidified its commitment to its clients, employees, and society at large. These efforts were crowned with the “Great Place to Work®” certification, alongside initiatives focused on employee safety, mental health, and work flexibility. The bank’s attention to diversity and inclusion was reflected in a range of programs empowering women and promoting female entrepreneurship throughout the year.

The bank also continued to support Kuwaitization plans by directing investments to develop national talent, expanding career growth opportunities, and nurturing a generation of promising cadres capable of leading the future of banking in Kuwait. Extending its developmental role beyond the workplace, Boubyan Bank continued to make effective community contributions through partnerships and initiatives focused on financial literacy, such as the “Let’s Be Aware” campaign launched by the Central Bank of Kuwait in collaboration with the Kuwait Banks Association and local banks, as well as entrepreneurship, education, healthcare, and youth empowerment.

Regarding governance, Boubyan Bank continued to strengthen its supervisory framework and develop its internal audit system, while investing in enhancing its institutional readiness in areas such as business continuity, cybersecurity, data governance, and organizational resilience. In this regard, the bank obtained ISO 22301 certification for its Business Continuity Management System, reflecting its commitment to global best practices and supporting its sustainable long-term growth.

Furthermore, the bank worked on enhancing its capabilities in handling ESG data, improving transparency levels and governance frameworks, ensuring accurate and methodical measurement of environmental and social performance, and aligning with international standards and evolving investor expectations.

Looking ahead, Boubyan Bank aims to leverage this progress by expanding sustainable financing activities, deepening its commitment to environmental and social issues, and enhancing disclosure levels, while tracking ESG performance indicators. These steps align with the state’s developmental trends, particularly Kuwait Vision 2035, and simultaneously support Boubyan Bank’s commitment to achieving sustainable growth and delivering long-term added value to its stakeholders.

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