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“Burqan” Maintains Its Inclusion in the FTSE4Good Index Series

“Burqan” Maintains Its Inclusion in the FTSE4Good Index Series
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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 I

Translated by Qiyas from الجريدة — Original source

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 endorsed by a broad range of investment institutions 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.

The bank’s continued inclusion in this index reflects its 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.

Commenting on this development, 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 is an integral part of our long-term strategy and serves as the primary driver of how we deliver 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 achieving 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 delivering long-term added value to all stakeholders.

Over the past years, the 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 sustained focus on responsible financing and the development of risk measurement tools. Additionally, the bank has contributed to economic development by providing KWD 100 million in financing for 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 the bank’s ESG agenda, with growing emphasis on financing low-carbon and resource-efficient activities, expanding greenhouse gas monitoring, and developing scientific pathways for carbon reduction. Concurrently, through the development of 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 reinforced its commitment to its customers, employees, and society at large. These efforts were crowned with the acquisition of the “Great Place to Work®” certification and the launch of initiatives focused on employee safety and mental health, as well as the enhancement of work flexibility. The bank’s emphasis on diversity and inclusion was further reflected in a range of programs aimed at women’s empowerment and female entrepreneurship throughout the year.

Burqan continued to support its Kuwaitization plans by directing investments toward the development of national talent, expanding career growth opportunities, and nurturing a new generation of promising professionals capable of leading the future of banking in Kuwait. Extending its developmental role beyond the workplace, the bank sustained its 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.

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

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