KUWAIT: As part of its continuous efforts to prioritize and implement environmental, social and economic sustainability initiatives, and in support of Goal 14 of the United Nations, which states the need to conserve and sustainably use the oceans, seas and marine resources to achieve sustainable development, Gulf Bank participated in Environment Month 2022, an annual initiative organized by The Scientific Center.

This year's activity took place from March 10 to April 9, and was focused on the theme, "Investing in Our Planet." This year's Environment Month 2022 initiative included the celebration of World Recycling Day, World Water Day, World Aquatic Animal Day, and World Health Day. Each activity welcomed a variety of age groups, with each event targeting specific age groups with tailored workshops and seminars.

The Manager of Corporate Communications at Gulf Bank, Lujain Al-Qenaei, commented that a number of Gulf Bank employees conducted underwater cleaning operations near Kubbar Island. Prior to carrying out the cleaning process, the employees got an overview of the importance of preserving the marine environment.

In a related development, Al-Qenaei said that Gulf Bank also participated in International Recycling Day, which was held on March 18, with a campaign to collect plastic bottles through an iron sculpture (in the shape of a "zubaidi" fish). All bottles were collected throughout the month, and Gulf Bank is working to recycle them in cooperation with Recycle Kuwait. The campaign gathered more than five thousand plastic bottles in a week.

Al-Qenaei affirmed Gulf Bank's keenness to promote and implement various sustainability initiatives at the environmental, societal and economic levels, in keeping with the United Nations' Sustainable Development Goals (SDGs), the national development plan (Kuwait Vision 2035), and Gulf Bank's 2025 Strategy.

She noted that Gulf Bank has spearheaded various sustainability initiatives in partnership with local projects and organizations to recycle paper and plastic. In addition, the Bank has worked on implementing various digital banking services, drastically decreasing its paper use and elevating its online and mobile banking services.

On the societal level, Gulf Bank regularly leads community efforts throughout the year, including beach clean-ups and more. The Bank also continues to support INJAZ Kuwait, a non-governmental, non-profit organization that aims to develop young talent  and enhance students' financial literacy and entrepreneurship. This partnership has resulted in the establishment of several youth-led companies that prioritize environmental sustainability.

Al-Qenaei concluded by saying: "Gulf Bank is committed to maintaining a robust sustainability program at the community, economic, and environmental levels. As one of the leading financial institutions in the region, we are proud to lead with sustainability initiatives that are strategically selected to benefit both the country and the Bank."