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Moreover, this report is aligned with both domestic and global sustainability or ESG reporting standards and frameworks including the Global Reporting Initiative (GRI), Sustainable Accounting Standards Board (SASB), United Nations Sustainable Development Goals (UNSDG), Boursa Kuwait's ESG Reporting Guidelines, and Kuwait Vision 2035.
Cognizant is working to eliminate disparate data sources and manual information compilation by integrating existing systems with the Workiva platform to pull in financial and non-financial data, such as carbon and human capital figures. Mendelsohn observed, “Regulation is moving toward deep, mandatory disclosure on climatechange.
General sustainability definitions Climate risk Two types of climate risks exist, transition risks and physical risks. According to the EPA , transition risks are related to the transition to a lower-carbon economy, while physical risks are associated to the physical impacts of climatechange.
Benefits of a social impact strategy High performing organizations align their social impact strategies with the United Nations Sustainable Development Goals (UNSDGs) which were set up to address numerous global issues including climatechange, poverty, hunger, clean water, and gender inequality [1].
NBK will continue to fulfill our responsible role in supporting the global objective of low-carbon emissions and mitigating the risks of climatechange whilst delivering progress on other sustainability initiatives. We also continued strengthening our information security. Provided more than 41,000 hours of employee training.
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