Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Societal Development
• Responsible Investments
• Environmental Impact

Environmental Achievements

• Replaced paper reports with digital copies
• Partially replaced single-use plastic water bottles with glass bottles
• Swapped to LED lights and installed a light management system in offices
• Replaced appliances with more energy-efficient models
• Middlesex University Dubai replaced equipment for increased energy efficiency and transitioned to LED lighting

Social Achievements

• Launched a COVID-19 vaccination campaign and a breast cancer awareness campaign for employees
• Enabled employees to work from home at least one day per week
• Held regular recreational events to promote cohesiveness
• Middlesex University Dubai partnered with Dubai Cares to host a speaker series on Sustainability Best Practices in Education
• CMRC launched initiatives to reduce medical waste, achieving a 5% reduction

Governance Achievements

• Upholds high levels of transparency through disclosure of major events and decisions
• Broadened communication channels to share periodic updates with stakeholders
• Effectively managed the impact of COVID-19 on operations
• Appointed qualified non-executive members to committees
• Increased female representation on the board and in management

Climate Goals & Targets

Environmental Challenges

• Dependence on key management positions
• Dependence on portfolio company performance
• Compliance risks (non-compliance with laws, data privacy)
• Reputational risks related to portfolio companies
• Cyber risks related to digital platforms

Mitigation Strategies

• Robust corporate governance framework
• Hands-on management approach
• Continuous development and adaptation of governance structures
• Ongoing monitoring and reporting on compliance
• Measures to protect personal data

Supply Chain Management

Responsible Procurement

• Strict code of conduct
• Due diligence when selecting business partners
• Requirement of clean track records for certain stakeholders

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB, UNGC, UN SDGs, World Economic Forum Stakeholder Capitalism Metrics

Certifications: ADHICS certification (CMRC)

UN Sustainable Development Goals

• SDG 3 (Good Health and Well-being)
• SDG 4 (Quality Education)

Amanat's investments in healthcare and education aim to provide quality services and contribute to sustainable development.

Environmental Metrics

ESG Focus Areas

• Governance
• Social
• Environmental

Environmental Achievements

• Plastic-Free Initiatives, Upcycle-Recycle
• Going Green
• 100% Paperless Initiative
• Reduced Carbon Footprint

Social Achievements

• Acquisition of Human Development Company (HDC), expanding special education and care services in KSA
• Al Malaki Specialist Hospital expanded services to male patients and launched seven additional clinics
• Capacity expansions at education and healthcare platforms increasing access to high-quality services

Governance Achievements

• Continued proactive engagement with shareholders and stakeholders
• Upholding high levels of transparency through disclosure of major events and decisions
• Strengthened governance practices, including business continuity planning and committee appointments
• Increased female representation on the Board and in committee chair positions

Climate Goals & Targets

Environmental Challenges

• Challenging macroeconomic conditions (COVID-19, Ukraine conflict, inflation, monetary tightening)
• Delayed ramp-up of Al Malaki Specialist Hospital due to COVID restrictions
• Post-COVID-19 normalization in credit hours sold at NEMA Holding

Mitigation Strategies

• Active portfolio management, including the merger of Sukoon and CMRC
• Strategic acquisitions (HDC, LIWA College of Technology)
• Cost control initiatives and internalization of transactional requirements
• Support for portfolio companies in capacity growth, service expansion, and recruitment/retention strategies

Supply Chain Management

Supplier Audits: 0%

Responsible Procurement

• HR Policy includes a Code of Conduct that covers suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Dubai Financial Market (DFM) Guidance on ESG Disclosure, Global Reporting Framework (GRI)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

2022 ESG Report focuses on impact related to SDGs

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Top CEO (Financial Services and Investment Category)
• Top 50 Healthcare Leaders 2022 (Forbes Middle East)
• Best Annual Report (MEIRA)

Environmental Metrics

ESG Focus Areas

• Sustainable Development Goals
• Education
• Healthcare

Social Achievements

• Amanat was recognized as the leading company in the Financial Services and Investment Category out of 700 GCC-listed companies.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Top CEO Number 1 listed company in Financial Services and Investment Category
• Forbes Top 50 Healthcare Leaders 2022