Saudi Reinsurance Co 2023 SR
The report details Saudi Re's sustainability strategy and performance for 2023, highlighting its commitment to Saudi Vision 2030 and Sharia-compliant practices. The company achieved an 80% Saudization rate and increased female representation to 37% of its workforce. Significant progress was made in integrating ESG criteria into underwriting and reporting against GRI and SASB standards. Environmental initiatives led to a Scope 1 emission of 384 tCO2e and improved energy efficiency. Furthermore, the launch of the Future Leaders Program and the adoption of IFRS 17 underscore the company's focus on talent development and regulatory compliance.
Company: Saudi Reinsurance Co
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: SR
Pages: 32
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Saudi Reinsurance Co
Sustainability Report
The report details Saudi Re's sustainability strategy and performance for 2023, highlighting its commitment to Saudi Vision 2030 and Sharia-compliant practices. The company achieved an 80% Saudization rate and increased female representation to 37% of its workforce. Significant progress was made in integrating ESG criteria into underwriting and reporting against GRI and SASB standards. Environmental initiatives led to a Scope 1 emission of 384 tCO2e and improved energy efficiency. Furthermore, the launch of the Future Leaders Program and the adoption of IFRS 17 underscore the company's focus on talent development and regulatory compliance.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Total Waste
Employees