The report outlines IHC's Environment, Social and Governance (ESG) performance for the year 2020, documenting the company's sustainability performance, commitments, and strategic objectives to integrate ESG best practices across its operations and its subsidiary companies. The report highlights the company's efforts to support international and national standards, including the Global Reporting Initiative (GRI) Standards, United Nations Sustainable Development Goals (SDGs), Abu Dhabi Stock Exchange (ADX) ESG Guidance, and the United Arab Emirates (UAE) Vision 2021. Key highlights include the implementation of a materiality assessment to identify and prioritize 12 material issues related to IHC's operations and its stakeholders. The report also outlines the company's sustainability framework, which comprises four pillars: Empowering our People and Supporting our Communities, Good Governance and Strong Intuition, Responsible Business Practices, and Community Engagement and Investment. The report provides data on key performance indicators related to the company's environmental, social, and governance performance, including water consumption, energy consumption, GHG emissions, waste management, workforce diversity, and nationalization. The report also highlights the company's commitment to ethical sourcing, sustainable procurement, and community engagement.
