By : JD News Desk
Jordan Daily – Jordan Kuwait Bank (JKB) released its first sustainable finance report, following what it described as a milestone issuance of a $50 million green bond to fund water resource management projects.
“In today’s world, environmental and economic challenges are accelerating, creating fundamental changes that can be positive or negative depending on how we respond,” Chief Executive Haethum Buttikhi said.
He added: “Sustainability is no longer just a common term, but a true standard to measure the strength of institutions and their role in building tomorrow. Institutions that integrate sustainability into the core of their work not only keep pace with the present, but also create a balanced future for generations to come.”
The bank said proceeds from the green bond were fully allocated to projects aimed at sustainable water resource management, underscoring that “economic development cannot be separated from protecting our natural resources.”
Buttikhi said the initiative marks “a long-term path we are charting with confidence, not just a passing milestone,” and outlined several objectives: “A path that enhances Jordan’s position in green finance; a path that reinforces the role of banks as key drivers of the transition to a sustainable economy; and a path that makes the partnership between finance and the environment a tangible reality, not a deferred promise.”
He concluded: “Our commitment to sustainability is a commitment to responsibility, innovation and leadership, and it is an open invitation to all our partners to step forward with us toward a future that is more inclusive, more balanced and more resilient.”
