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Sustainability Program of the Year 2024 Award

Listed companies are invited to submit entries based on all their ESG/sustainability-related activities and initiatives. This should include the annual report and any other supporting reporting, a sustainability report. The awards evaluation methodology will be based on a scorecard that addresses all relevant and material ESG factors and how these are integrated into the IR story, including use of supporting frameworks and standards.
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Upload a copy of your recent Annual Report and Sustainability Report in English and Arabic.

If you also have a digital Annual Report, please provide the link.

Who are the main stakeholders you have identified as key target audiences for your reporting? (Please include references/links to these stakeholders in your reporting)

What Environmental, Social and Governance (ESG) factors are material to your business and how/where are these highlighted in your reporting? (Please include references/links to these factors in your reporting)

Relevance and Prioritization: Assessment of how well the company addresses the most significant ESG issues pertinent to the company’s industry and stakeholders. Evaluation of how the company prioritizes, assesses, and addresses material issues.

Stakeholder Engagement: Description of how the company engages with stakeholders (e.g., employees, customers, communities) and how it has responded to stakeholder concerns and feedback.

Goals and Progress. Quantitative Metrics against Goals and Targets: Performance against key ESG indicators (e.g., carbon footprint, water usage, diversity ratios). Clearly defined and appropriately ambitious sustainability goals and targets, along with progress updates towards achieving them. Alignment to standard setting bodies and frameworks where applicable such as SBTi and SBTN.

Qualitative Narratives: Detailed explanations of the company’s ESG initiatives and their impacts. How is the company showcasing through case studies performance and impact against set targets?

Financial Integration and Investment Relevance: How ESG factors are linked to financial performance and risk management. Demonstration of how ESG performance influences investment decisions and valuations.

Institutionalization of ESG into Core Business : Positioning of the company’s long-term ESG vision and demonstration of integration practices.

Accountability and Governance: Highlighting Board’s role in overseeing ESG issues and governance of the ESG agenda.

Risk Management: How ESG risks are identified, assessed, and managed. How does the company integrate ESG risks into their existing risks frameworks.

Methodology: Clarity on methodologies used for data collection and calculation, including any assumptions and limitations.

Data Accuracy and Third-Party Assurance: Presence and quality of third-party verification or assurance of the reported data.

Adherence to Standards: Which frameworks/standards do you use for ESG/sustainability reporting (include references/links to these supporting frameworks/standards, for example: UN SDGs; GRI; SASB; etc.)

Compliance with recognized ESG reporting standards and frameworks (e.g., GRI, SASB, TCFD).

Clarity: The report’s readability and ease of understanding for non-experts.

Design and Presentation (5%): Use of visuals, infographics, and layout to enhance comprehension. Highlight of key messages.

Accessibility: Availability in multiple formats and languages if applicable for relevant stakeholders. Accessibility and navigation of the content within the report to enhance readability. Easiness of access of sustainability report on the company's website.

Concluding statement to support why your ESG Programme was the best in 2024, including the key performance indicators and results and what makes it different to your peers (max. 500 words)

Who is responsible for ESG/sustainability reporting in your company (include references/links to the reporting line, ESG/sustainability committee and any supporting message/reporting)

Please add supporting report from Board of Directors and Executive management on any key performance indicators/roadmap for ESG/sustainability reporting and evidence of change and success in the past year, for example, inclusion in ESG/sustainability index/indices, ESG Rating Improvements, or significant news, etc.

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