logo
Gulf Bank Advances Sustainability Efforts by Transforming Street Ads into Reusable Bags for the Second Consecutive Year

Gulf Bank Advances Sustainability Efforts by Transforming Street Ads into Reusable Bags for the Second Consecutive Year

Arab Times18-02-2025

As part of its ongoing commitment to environmental sustainability, Gulf Bank is continuing its initiative to repurpose its street advertisements into reusable bags for the second consecutive year, in partnership with Ibrah apparel and textile factory.
Gulf Bank's Chief Marketing Officer, Mrs. Najla Aleisa, stated: "Last year, we successfully transformed over 2,300 square meters of our street advertisements into reusable bags. This year, we aim to increase that number to nearly 3,000 square meters, further reinforcing our long-term commitment to sustainability."
She added: "This initiative builds on the project we launched in 2023 in collaboration with several cooperative societies across Kuwait, where we distributed around 100,000 reusable bags. It reflects our dedication to protecting the environment and encouraging a cultural shift toward sustainable alternatives."
Mrs. Aleisa further emphasized Gulf Bank's commitment to supporting young Kuwaiti entrepreneurs, stating: "We partnered with Ibrah for this initiative due to its strong commitment to environmental sustainability and its dedication to supporting underprivileged families — values that closely align with Gulf Bank's mission.'
Reaffirming its commitment to Environmental, Social, and Governance (ESG) principles, Gulf Bank has introduced its 2030 Sustainability Strategy. This includes the establishment of a Sustainable Finance Framework and a Sustainability Risk Management Framework, along with an internal policy to document its sustainability commitments and define clear criteria for evaluating eco-friendly initiatives.
Ms. Shahad AlSabeeh, CEO and Founder of Ibrah, stated: "We are proud to partner with Gulf Bank on this ambitious initiative, repurposing street advertisements into unique products that encourage both customers and the public to use them, while meeting with their tastes and preferences.'
Gulf Bank aims to be Kuwait's leading bank, fostering a diverse and inclusive workplace to deliver exceptional customer service while contributing sustainably to the community. Through its extensive branch network and innovative digital services, the Bank empowers customers to conduct banking transactions conveniently and efficiently, ensuring a seamless experience.
In alignment with Kuwait Vision 2035, "New Kuwait," and its commitment to fostering collaborative partnerships, Gulf Bank is dedicated to driving robust sustainability initiatives across environmental, social, and governance (ESG) dimensions. The Bank is committed to implementing strategically selected and diverse sustainability programs both internally and externally.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gulf Bank, KFF raise awareness for fire prevention, safety
Gulf Bank, KFF raise awareness for fire prevention, safety

Kuwait Times

time3 days ago

  • Kuwait Times

Gulf Bank, KFF raise awareness for fire prevention, safety

Group photo with fire officials after the awareness workshop. KUWAIT: As part of its ongoing commitment to promoting safety awareness, Gulf Bank recently organized a fire safety awareness workshop for its employees, in collaboration with the Kuwait Fire Force (KFF). The session was led by Major Mohammed Aseeri from the General Department of Public Relations and Media, who addressed several key topics related to safety procedures, emergency response strategies, and fire prevention methods in enclosed spaces. The workshop covered essential information about the most common causes of fires and how to prevent them. It also highlighted the proper actions to take in the event of a fire until emergency teams arrive on site. Emphasis was placed on the importance of quick and informed responses, as well as the correct use of safety equipment available on the premises. Major Mohammed Aseeri explains to bank employees about the causes of the fires. This initiative reflects Gulf Bank's ongoing commitment to maintaining a safe and healthy workplace, while enhancing employee awareness on how to respond effectively in emergency situations, in collaboration with official safety authorities. Towards the end of the session, Gulf Bank presented a commemorative plaque to the representatives of the Kuwait Fire Force, in recognition of their crucial role in protecting the community and their courageous efforts in safeguarding lives and property. Gulf Bank aims to be Kuwait's leading bank, fostering a diverse and inclusive workplace to deliver exceptional customer service while contributing sustainably to the community. Through its extensive branch network and innovative digital services, the Bank empowers customers to conduct banking transactions conveniently and efficiently, ensuring a seamless experience. In alignment with Kuwait Vision 2035, 'New Kuwait,' and its commitment to fostering collaborative partnerships, Gulf Bank is dedicated to driving robust sustainability initiatives across environmental, social, and governance (ESG) dimensions. The Bank is committed to implementing strategically selected and diverse sustainability programs both internally and externally.

Citizen blasts opaque debt campaign, files court case
Citizen blasts opaque debt campaign, files court case

Arab Times

time3 days ago

  • Arab Times

Citizen blasts opaque debt campaign, files court case

KUWAIT CITY, June 4: The Court of First Instance received a new case filed by a Kuwaiti citizen who has demanded full disclosure of the distribution and beneficiaries of donations totaling millions of dinars collected by the national campaign for refunding debtors' loans. Lawyer Reem Al-Baghdadi, representing the aggrieved citizen, requested detailed information on debt repayment records, the disbursement process, and the list of beneficiaries. She explained that her client was extremely surprised to be excluded from the current debtors' campaign beneficiary list, despite not having applied for any previous campaigns. An investigation revealed that the committee overseeing one of the previous campaigns had paid the government a fee of KD 10 owed by the citizen, based on a request from the Ministry of Justice. Her client was unaware of this payment and that his name had been included in the previous campaign's beneficiary list without his knowledge. Despite being able to pay the KD 10 fee himself, he applied to register in the latest campaign due to a large debt he could not afford to repay. Lawyer Al-Baghdadi emphasized that the purpose of this lawsuit is to clarify the mechanisms of the debtors' campaigns, ensuring transparency and fairness so that aid reaches those truly entitled to it based on clear and just criteria.

Two Commerce Ministry employees sentenced to 10 years for bribery, abuse of power
Two Commerce Ministry employees sentenced to 10 years for bribery, abuse of power

Arab Times

time4 days ago

  • Arab Times

Two Commerce Ministry employees sentenced to 10 years for bribery, abuse of power

KUWAIT CITY, June 4: The Criminal Court, presided over by Counselor Abdulwahab Al-Maili, sentenced two employees of the Ministry of Commerce and Industry—a supervisor and a transaction coordinator—to 10 years in prison each. In addition, they were fined 400,000 Kuwaiti dinars and dismissed from their positions. The court found them guilty of abusing their authority, accepting bribes to overlook commercial violations, and fabricating false violations. Meanwhile, the court exempted a resident from punishment after he confessed to involvement with the defendants. The Ministry of Interior had earlier announced the arrest of the two ministry employees and their accomplice on charges of exploiting their positions, accepting bribes to ignore commercial violations, and fabricating false ones. According to a press release by the General Department of Public Relations and Security Media, law enforcement received intelligence regarding individuals exploiting their roles to accept bribes. After securing legal approval, the suspects were caught red-handed receiving 50,000 Kuwaiti dinars out of an agreed total bribe of 200,000 dinars. The operation, conducted in cooperation with the Ministry of Commerce and Industry, is part of ongoing security efforts to combat corruption and enhance public safety. Authorities emphasized that the suspects have been referred to competent legal bodies for prosecution. Security officials stressed that the law applies equally to all, with no exceptions, and reaffirmed their commitment to pursuing anyone who threatens national security.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store