We understand that the social, economic and environmental challenges and opportunities are continuously growing, resulting in a need to provide innovative solutions to better address them. That is why we have adopted a holistic approach towards sustainable development, which accommodates many elements and provides comprehensive engagement with concerned stakeholders.
Corporate Social Responsibility (CSR)
In our constant endeavour to actively participate in community service and contribute to building a strong and sustainable economy in Kuwait, we have adopted a corporate social and economic responsibility strategy aimed at fulfilling Markaz’s responsibilities to society and national economy.
The strategy is founded on three main pillars, namely:
Out of its belief that the sustainable future of Kuwait relies on individual skills and capabilities, Markaz is keen to cooperate with viable non-profit organizations and contribute to human capacity building programs, in order to provide for and maintain sustainable progress. Below are some of non-profit organizations who are contributing in developing human capabilities.
In fulfilling its economic responsibility, Markaz was the first to publish research to broaden knowledge of the financial sector. A special department was dedicated to publish research. Markaz also collaborates with a number of global research institutes and experts in the field of economic policies to publish research addressing practical policies capable of implementation in Kuwait and the region, concerned with energy, manpower, economic structuring and the public sector, with emphasis on calling for the publication of such research. The research is disseminated to decision makers and stakeholders in Kuwait, and research findings are discussed with them to reach best practical solutions.
The public sector plays a vital role in the allocation and utilization of economic resources in Kuwait, given the importance of public spending and the role government plays in economic development. Thus efforts must be combined to boost public sector performance and enhance economic development.