In 2024, Commercial Bank of Kuwait disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Commercial Bank of Kuwait disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 |
|---|---|---|
Total Energy Consumption | 51,958a | 51,527a |
Non-Renewable Energy Consumption | 51,204a | 50,745a |
Renewable Energy Consumption | 754a | 782a |
Renewable Energy Production | 754a | 782a |
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In 2024, Commercial Bank of Kuwait consumed a total of 51,957.57 Gigajoules of energy across its operations. Of this total, 1.45% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.55% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Commercial Bank of Kuwait consumed a total of 51,957.57 Gigajoules of energy, of which 1.45% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Commercial Bank of Kuwait has considerable room to improve its energy sustainability strategy.
Since 2024, Commercial Bank of Kuwait's total energy consumption has remained relatively stable, indicating no significant changes in energy use patterns.a
Over the same period, the share of renewable energy in Commercial Bank of Kuwait's consumption decreased by 4.4%, showing a recent negative trend in clean energy adoption.a