Saudi Reinsurance Co 2024 SR
The report outlines Saudi Re's sustainability strategy and performance for 2024, emphasizing its alignment with Saudi Vision 2030 and ESG principles. Key highlights include a significant 48% increase in Gross Written Premium and the expansion of its Saudization rate to 80%. The company integrated ESG criteria into its underwriting and investment processes while launching new insurance products like employer's default insurance. Environmental efforts focused on carbon neutrality goals and resource efficiency, reporting a Scope 1 emission of 392 tCO2e. Additionally, Saudi Re prioritized human capital through the Future Leaders Programme and achieved a 36% female workforce representation.
Company: Saudi Reinsurance Co
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: SR
Pages: 17
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Saudi Reinsurance Co
Sustainability Report
The report outlines Saudi Re's sustainability strategy and performance for 2024, emphasizing its alignment with Saudi Vision 2030 and ESG principles. Key highlights include a significant 48% increase in Gross Written Premium and the expansion of its Saudization rate to 80%. The company integrated ESG criteria into its underwriting and investment processes while launching new insurance products like employer's default insurance. Environmental efforts focused on carbon neutrality goals and resource efficiency, reporting a Scope 1 emission of 392 tCO2e. Additionally, Saudi Re prioritized human capital through the Future Leaders Programme and achieved a 36% female workforce representation.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Total Waste
Employees