First Investment CEO recognized in Middle East sustainability
The CEO of Boubyan Group for Kuwaiti Finance, Khaled Youssef Al-Shumailan, ranked seventh among the Middle East leaders on the Forbes list of Sustainability Leaders for 2026, in recognition of his contributions to leading sustainability efforts within the group. In 2025, the group achieved investments amounting to approximately $1.2 billion in sustainable and green Sukuk, reflecting an annual increase of 30.7%. The group is focused on achieving carbon neutrality by 2060 through a comprehensive sustainability plan that includes environmental, social, and governance (ESG) initiatives. It adopts pioneering strategies such as global sustainability ratings, LEED and GSAS certifications, collaboration with the United Nations, and carbon footprint reporting to advance sustainable finance practices and contribute to the Sustainable Development Goals in Kuwait.
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