Gord awards GSAS certificate to Kuwait Finance House

Having received the GSAS award with Gold rating, KFH has become the first bank in Kuwait to receive this recognition. Adopted by multisectoral organisations within GCC countries, Qatar’s homegrown GSAS framework has become the fastest growing green building rating system for new developments in the Gulf region. The certificate presentation ceremony was held at KFH Auto showroom in the presence of the acting GCEO, AbdulWahab Essa AlRushood, Gord chairman, Dr Yousef Alhorr, CEO of the National Technology Enterprises Co, Anas Mirza, in addition to members of KFH executive management. Dr Alhorr said that KFH Auto showroom has earned this award, which comprises 10 main important standards, following several assessments and inspections and reviews of the documents “All signs of sustainability are clearly apparent in the showroom on the first visit including natural lighting, internal environment, ventilation and power consumption system. Undoubtedly, these factors create hope and inspiration for the existence of such environment friendly giant buildings,” he said. Al-Falah, reiterated that KFH Auto showroom is just an initial step and an integrated and strategic starting point for environment sustainability. He indicated that KFH has started to apply several sustainability projects in its 60 branches all over Kuwait. He noted that this trend comes in compliance with the board instructions which have initially reiterated the significance of moving towards sustainability and environment through KFH Auto showroom.Mohammed al-Arbeed, KFH executive manager – Governance & Sustainability, said that the bank has an integrated five-year sustainability strategy plan which was designed in 2020. This would be the starting point for further professional projects. He reiterated that these certificates and recognitions affirm KFH leadership in sustainability and environment reservation and the launch of various initiatives under the umbrella “Keep It Green”. He noted that this accomplishment is part of an integrated leadership at all levels considering continuous board support. Environment friendly KFH Auto showroom is the largest and most modern showroom in the Middle East, covering a total area of 38 thousand square metres. KFH Auto provides finance services for all products to fulfil customers’ needs of Sharia-compliant consumer and residential finance services.