Watania International Holding PJSC 2023 IR
The report details the 2023 financial and operational performance of Watania International Holding (WIH) following its transition to an investment holding company. WIH achieved its first operating profit since its 2022 merger, driven by cost-saving synergies and strict underwriting discipline. In sustainability, the company launched its inaugural ESG report, highlighting an 18% increase in female employees, 4,864 hours of employee training, and the recycling of 2.87 metric tonnes of waste. Although greenhouse gas emissions increased by 42.31% due to business expansion, WIH remains committed to reducing its carbon footprint and aligning with the UAE's sustainability goals.
Company: Watania International Holding PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 90
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Watania International Holding PJSC
Integrated Report
The report details the 2023 financial and operational performance of Watania International Holding (WIH) following its transition to an investment holding company. WIH achieved its first operating profit since its 2022 merger, driven by cost-saving synergies and strict underwriting discipline. In sustainability, the company launched its inaugural ESG report, highlighting an 18% increase in female employees, 4,864 hours of employee training, and the recycling of 2.87 metric tonnes of waste. Although greenhouse gas emissions increased by 42.31% due to business expansion, WIH remains committed to reducing its carbon footprint and aligning with the UAE's sustainability goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Employees