Kuwait Petroleum Corporation Launches Sustainability Report for 2023–2025

Kuwait Petroleum Corporation (KPC) and its subsidiaries launched their 2023–2025 Sustainability Report during an event attended by senior leaders from the oil and banking sectors, representatives of financial and investment institutions, and stakeholders, under the patronage of KPC’s Chief Executive Officer, Sheikh Nawaf Al-Saud Al-Nasser Al-Sabah. The event aimed to highlight the key results and achievements of KPC and its subsidiaries in the field of sustainability, while strengthening communication with financial and investment institutions regarding their strategic directions and performance in this area, as part of their commitment to reinforcing principles of transparency, disclosure, and stakeholder engagement.

The report covers the performance of KPC and its subsidiaries in the areas of Environment, Social, and Governance (ESG), along with a range of sustainability-related topics, in accordance with the methodology and standards adopted for report preparation. The event underscored the Kuwaiti oil sector’s approach to balancing economic growth requirements with environmental and social responsibility, integrating sustainability principles into operational activities and strategic decisions to support business resilience and long-term competitiveness.

Bader Al-Attar, Managing Director of Planning and Finance at KPC, emphasized that the Sustainability Report represents a significant milestone in the corporation’s journey toward making sustainability an integral part of its operations and long-term strategy. He stated that the report reflects KPC’s commitment to transparency and enhanced communication with financial and investment institutions and stakeholders, through disclosure of its performance and achievements in environmental, social, and governance aspects. He noted that sustainability serves as a pillar for supporting growth and creating sustainable value for Kuwait and future generations.

The event also featured an exhibition participated in by KPC and its subsidiaries, showcasing initiatives, projects, and experiences related to sustainability, reflecting the oil sector’s direction toward integrating environmental, social, and governance considerations into its operations and keeping pace with future changes and challenges.