KIPCO Asset Management Company, KAMCO, has become the latest company to join the list of environmentally friendly companies. This will be done in partnership with Metal Recycling Company's(MRC) "Newair" programme. The program will ensure that all paper, metal, and plastic waste generated by KAMCO will be collected by MRC from the recycling bins placed to be recycled.
On this occasion, KAMCO's Acting Head of Sales and Marketing, Ms. Rola Al Mohtaseb, said, "We are proud to be a part of this programme which is a significant step towards environmental consciousness. The protection of our environment is a matter which runs congruently with our agenda of corporate social responsibility. And with this initiative, KAMCO will not only be an environmentally friendly company, it will be a company which participates in creating a cleaner and safer environment.
The Newair waste management program targets leading companies in Kuwait and helps them with their corporate social responsibility goals, and helps them in promoting a culture of environmental preservation and works to make those goals possible by providing them with the latest solutions in waste management and recycling.
Recycling helps significantly reduce both the need to consume raw materials and the waste of energy, especially since less energy is used on recycling than on creating new products from those raw materials.
-Ends-
About KAMCO
Established in 1998 with the mission to significantly alter the local and regional investment landscape, KAMCO is a premier investment company based in Kuwait. A subsidiary of United Gulf Bank (UGB) - the investment banking subsidiary of Kuwait Projects (Holding) Company (KIPCO) - KAMCO was listed on the Kuwait Stock Exchange (KSE) in 2003.
After eleven years of conducting business in Kuwait's dynamic investment industry, KAMCO has successfully established a robust reputation for solidity, characterized by its prudent, conservative investment philosophy which has consistently commanded the goodwill of a wide patron-base.
KAMCO's Asset Management Division specializes in customized portfolio management, forward trading, access to IPOs, and local and international fund management. The Investment Advisory and Investment Research Division tracks the latest directions and trends across regional and local economies as well as equity markets and offers a range of customized services that focus on maximizing returns, mitigating risks, and maintaining capital appreciation for individual and institutional clients. The Company's Financial Services and Investment Division offers a full range of advisory services on mergers and acquisitions, underwriting, private placements, debt issuance and restructuring, and private equity management.
In 2010, the Company will further aggressively build upon its core competencies to offer MENA-wide investment management consultancy and services, backed by its proven track-record in stringent risk mitigation, investment product innovation, and a cautious investment approach towards local, regional and international capital markets.
© Press Release 2010
