Kuwait Financial Centre
Executive Summary
Kuwait Financial Centre (Markaz) demonstrates a governance-led ESG profile, with its strongest performance in business ethics, anti-corruption, and regulatory compliance, underpinned by CMA and Boursa Kuwait oversight, a Three-Line-of-Defense risk model, 100% AML training, and zero reported violations. Its fifth standalone GRI-based sustainability report with double materiality assessment shows mature reporting discipline, though it lacks external assurance and broader framework alignment (SASB/TCFD/ISSB). Social performance is solid, with a zero-harm safety record, strong local procurement (89.65%), responsible procurement policy with supplier ESG screening, and comprehensive training, though quantified community investment and pay equity disclosure are absent. Environmental performance is the weakest pillar: Scope 1 and partial Scope 3 emissions are disclosed with GHG Protocol methodology but Scope 2 is entirely omitted, and there are no intensity targets, renewables data, TCFD alignment, or comprehensive water/waste tracking. The most material governance gap is board diversity, with a fully male, all-Kuwaiti board that does not meet the 30% female representation threshold.
Strengths
Areas for Improvement
S: 5.60
G: 6.40
Recent Activities
View all →Markaz Publishes Fifth Sustainability Report for 2024-2025
Kuwait Financial Centre (Markaz) published its fifth sustainability report on 14 July 2026, covering the period from 1 January 2024 to 31 December 2025. The report was prepared in accordance with GRI Standards and aligned with the UN SDGs, New Kuwait Vision 2035, and Boursa Kuwait ESG disclosure requirements. Markaz issued the report as a voluntary act of disclosure covering its environmental, social, and governance performance over the reporting period.
Markaz Sponsors UNICODE 2026 Coding Bootcamp for Kuwaiti Youth
Kuwait Financial Centre (Markaz) is serving as strategic sponsor of CODED's UNICODE 2026 coding bootcamp, which will train 400 university students from July to November 2026 in software development, artificial intelligence, cybersecurity, and financial technology. Markaz has sponsored the program since 2024 in partnership with CODED, Boursa Kuwait, and Boubyan Bank; UNICODE has trained more than 750 students since 2021 with a graduation rate above 80%.
Markaz Achieves LEED Gold Certification for Nada Tower
Kuwait Financial Centre Co (Markaz) announced that Nada Tower, an asset within its open-ended real estate fund, received LEED Gold certification under the LEED v4.1 Operations and Maintenance system in Q1 2026, making it the first residential building in Kuwait to achieve this rating. The certification followed an independent technical assessment covering operational performance, resource efficiency, indoor environmental quality, and continuous improvement in operations and maintenance. The achievement reflects the company's approach to embedding sustainability standards into its asset management strategy.
Markaz Holds Annual General Assembly
Kuwait Financial Centre Co (Markaz) held its Ordinary Annual General Assembly on April 8, 2026, with 72.7% attendance. The assembly approved all agenda items including the Board's recommendation to distribute 8% cash dividends of nominal share value.