National Bank of Kuwait SAKP – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	National Bank of Kuwait SAKP has established extensive governance structures for ESG and climate risk, but it does not disclose any governance framework or processes specifically for lobbying activities. For example, it states that "The Board of Directors has the overall responsibility to oversee and ensure effective implementation of NBK Group ESG Strategy through its designation to the Sustainability & Climate Change Committee" and that "The S&CC Committee is chaired by the current Vice Chairman and Group CEO with direct BoD oversight", illustrating robust oversight of ESG and climate matters. However, we found no evidence of any policy, committee, or process that oversees direct lobbying efforts or manages the bank’s participation in trade associations with respect to climate-related policy. No disclosures describe how lobbying positions are reviewed for alignment with the bank’s climate objectives or how indirect lobbying through industry bodies is governed. View Sources	E

Overall Assessment

Analysis

Score

None

National Bank of Kuwait SAKP has established extensive governance structures for ESG and climate risk, but it does not disclose any governance framework or processes specifically for lobbying activities. For example, it states that "The Board of Directors has the overall responsibility to oversee and ensure effective implementation of NBK Group ESG Strategy through its designation to the Sustainability & Climate Change Committee" and that "The S&CC Committee is chaired by the current Vice Chairman and Group CEO with direct BoD oversight", illustrating robust oversight of ESG and climate matters. However, we found no evidence of any policy, committee, or process that oversees direct lobbying efforts or manages the bank’s participation in trade associations with respect to climate-related policy. No disclosures describe how lobbying positions are reviewed for alignment with the bank’s climate objectives or how indirect lobbying through industry bodies is governed.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	National Bank of Kuwait provides only limited insight into its climate-related lobbying. It refers to participating in high-level forums such as “the 29th United Nations Climate Change Conference (COP29),” “Finance Day,” and the “Hydrogen Transition Summit,” indicating that it engages in discussions about climate finance and low-emission hydrogen technologies, but it does not identify any specific policies, laws, or regulations it sought to influence. Attendance at these events is the only lobbying mechanism described, and no particular government bodies or negotiators are named as targets of that engagement. The bank’s stated aims remain broad—accelerating clean-energy adoption and scaling up green-hydrogen investment—without spelling out the concrete policy changes or regulatory outcomes it is advocating. As a result, while the disclosure shows the bank is present in climate-policy forums, it stops short of providing detail on which policies it lobbies, how it lobbies, or the precise outcomes it seeks, offering only a limited level of transparency overall.	D