Climate Change Data

Environmental Metrics

ESG Focus Areas

• Relationship with interested parties
• Risk, Governance, and Compliance
• Ethics and Code of Conduct
• Commitment towards employees
• Information security and confidentiality
• Environmental standards

Social Achievements

• Qatarization rate reached 28%
• Provided the highest level of training and qualification by organizing training courses, training programs and seminars for all employees in insurance, sales, customer service and information technology systems.
• Contribution to supporting the National Sports Day in Qatar
• Ministry of Labour enlisted one of our expert employees to provide training to recent graduates.

Governance Achievements

• Implemented a robust governance framework to maintain continuous performance improvement while meeting local and international regulatory and legal requirements.
• Implemented an internal control system for the preparation of financial reports ICOFR.
• Internal Audit Department conducts an independent and objective assessment of the efficiency and effectiveness of the Company’s internal controls.

Climate Goals & Targets

Environmental Challenges

• Significant challenges faced by the Company during 2023 and before, which impact is still felt.
• Competitive pressures and the challenging operating environment.

Mitigation Strategies

• Adopted a conservative policy in insurance and underwriting activities.
• Further diversified its products and services.
• Deployed up-to-date technological tools in insurance underwriting.
• Improved technology capabilities to be accessible to broader sectors within its targeted group of potential clients.
• Raised and increased the efficiency and quality of its administrative, technical, executive, and human resources.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Reporting Initiative