Ajial Real Estate Entertainment Company K.S.C.P. and its Subsidiary
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility
Social Achievements
- Support national manpower and boost its competitive edge and efficiency
Governance Achievements
- Developed BOD charter defining roles and responsibilities of Board and Executive Management
- Established policies and procedures for Board Committees and company departments
- Opened Al-Andalus project
- Reduced financial impact from the COVID-19 pandemic
- Implemented risk mitigation strategies
- Retained investors and clients
Climate Goals & Targets
Environmental Challenges
- Slight decrease in rental incomes of Ajial’s associates Al Hamra Real Estate and Al Madar Al Thahabia Co. (Kingdom of Saudi Arabia)
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: EY Al Aiban, Al Osaimi & Partners