Bayan Investment Company
Climate Impact & Sustainability Data (2010)
Reporting Period: 2010
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility
Social Achievements
- Contributed to the gala dinner organized by the American University of Beirut alumni held in Kuwait in 2010.
- Participated in sponsoring the sixth gala dinner of the Children Cancer Center of Lebanon held in Kuwait.
- Supported the initiative of “Madrasati Palestine” launched by the Office of Her Majesty Queen Rania Al-Abdullah and held in Kuwait.
Climate Goals & Targets
Environmental Challenges
- Consequences of the global financial crisis continued to influence the Kuwaiti economy and investment companies.
- Government’s indifference in taking prompt procedures to end the recession and rescue Kuwait Stock Exchange.
- Economic crisis in the Euro zone aggravated the impact of the financial crisis.
- Government refrained from spending a significant part of the funds in the annual financial plan, reducing liquidity in the national economy.
- Bureaucratic laws and regulations incapacitated the production cycle.
- Extraordinary decline of share prices in Kuwait Stock Exchange; most stocks dropped below their fair value.
- Credit crisis due to investors’ inability to pay loan installments and interests.
Mitigation Strategies
- Bayan Investment Company continued its investment strategy that avoids speculation and carefully manages risks.
- Continuous analysis of Kuwait Stock Exchange performance using principal and technical analyses.
- Integrated methodology to penetrate different attractive investment channels.
- Careful selection of promising investments despite the pessimistic market spirit.
- Adapting investment and consultancy services to develop shareholders’ equities and clients’ base.
- Maintaining clientele and opening new portfolios.
- Arranging execution of an acquisition of an unlisted company for clients.
- Maintaining diversity of investments and holding leading shares to avoid financial defaults.
- Investment Funds Department managed to pass the year with the least amount of losses compared to other local companies (due to timely sale and liquidity leverage decisions and selecting companies with operational returns and regular cash dividends).
- Preparing to seize optimal opportunities in the market with attractive prices.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Best GCC Conventional Investment Advisory, 2010 (World Finance)
- Super Brands – 2010