Kuwait Finance House (KFH) has successfully concluded its first-of-its-kind Sustainable Business program for SMEs. The program is designed exclusively for SME clients with the aim of strengthening collaboration and partnerships as well as providing them with a competitive edge to achieve their ambitions.
The program reaffirms KFH’s vision to advance sustainable development, highlighting its leadership in nurturing a dynamic business environment while recognizing SMEs as true partners in success.
Executive Manager Governance and Sustainability at KFH, Mohammad Alarbeed, emphasized the significance of sustainability in businesses, highlighting its positive impact on their performance and capacity to grow, making these businesses major driver in achieving Kuwait Vision 2035.
He pointed out that KFH views SMEs as pillars of the national economy which must be supported in executing sustainability standards.
In his address at KFH Auto during the closing ceremony of the 3-weeks program, Alarbeed said: “This program is a strategic step that reflects our commitment to our customers and partners as well as the Kuwaiti economy. We focused on presenting the core themes and the practical practices related to sustainability applications.
He hoped that the program had achieved its objectives, benefiting participants by equipping them with information and training on sustainability concepts and ESG principles.
He mentioned that KFH focused on exchanging its sustainability expertise to the participating companies, noting that the program was fully designed in-house, underscoring KFH’s excellence in integrating sustainability into services, operations and business strategies.
Alarbeed affirmed that adopting sustainable practices enables companies to achieve growth, enhance capabilities, and face competition with higher levels of efficiency and quality, while also boosting readiness and securing positive assessments.
He explained that as the next program phase, KFH will continue to follow up with participating companies, assisting them in applying sustainability principles and shaping their strategies. “This will be done through regular meetings with KFH’s sustainability consultants, helping clients and partners adopt practical, actionable sustainability practices that enhance capabilities and drive long-term growth,” added Alarbeed.
At the conclusion of the ceremony, KFH distributed certificates to company representatives. Participants commended KFH’s initiative in terms of organization, in addition to the program’s outstanding practical content. They also noted that the knowledge and applications they gained would allow them to successfully implement sustainability within their companies.
It is worth noting that the program delved into the concepts of sustainability, the pillars of ESG, and its main principles, essential practices, and practical applications. The program also included a dedicated session on sustainable procurement, which outlined the requirements for corporations to become accredited suppliers at KFH, opening new opportunities for collaboration and growth.
Additionally, the program's main advantages, included a thorough, hands-on guide to ESG practices and private consultations with a sustainability expert. Moreover, participants who successfully implement the guidelines are eligible for an external certification that confirms their dedication to sustainability.