Governance

Governance

Governance

Burgan Bank regards corporate governance as one of the fundamental pillars of sustainable growth. In this context, the determination, implementation, and monitoring of our sustainability strategies are carried out under the under the oversight of the Sustainability Committee. Our committee monitors the Bank’s environmental, social, and governance (ESG) performance, evaluates risks and opportunities, takes strategic decisions, and leads our sustainability vision.

For the success of our sustainability objectives, five working groups operate within the Bank.

  • Environment and Value Chain
  • Environmental and Social Risk Management in Lending Processes
  • Employees, Development, and Contribution
  • Digitalisation and Product Development
  • Reporting Working Group

These groups address sustainability issues through a comprehensive and interdisciplinary approach, working to reduce our Bank’s environmental impact, enhance social benefit, and strengthen good governance practices. Our committee and working groups ensure the effective implementation of our strategies, thereby supporting Burgan Bank’s long-term value creation objectives.

Duties and Responsibilities of our Sustainability Committee:

  • To define the Bank’s sustainability strategy and review our activities at least once a year, revising them when necessary.
  • To manage the Bank’s economic, environmental, social, and governance impacts in line with internationally recognized principles.
  • To align our business processes with the sustainability approach of the BBK Group (Burgan Bank Kuwait) and applicable local and international regulations.
  • To develop the Sustainability Policy and complementary policies, submit them for Board approval, and ensure the integration of approved policies into business processes.
  • To assess our sustainability performance and set future targets in alignment with corporate strategies.
  • To guide the Sustainability Working Groups, monitor their activities, and provide improvement recommendations when necessary.
  • To propose investments and initiatives in line with the Bank’s sustainability objectives and evaluate sustainability-related opportunities.
  • To manage and oversee reporting processes under the Türkiye Sustainability Reporting Standards.