New Arthur D. Little Report ‘Actively Shaping the Future’ highlights

New Arthur D. Little Report ‘Actively Shaping the Future’ highlights

- Top ESG priorities identified in the GCC are Climate Change/Energy; Paperless, Data Security; Talent & Equality; Ethics; and Digitalization

- High performers on ESG come from a range of GCC countries across Telecom Logistics Industrials (20%), Real Estate (10%), and Financials (30%)

- With the financial sector being the largest contributor to the list, insurance companies have the potential to achieve high levels of ESG performance.

Dubai, UAE: Sustainability has gained significant traction in financial services over the last few years, moving it center stage, as it lies driven by a range of stakeholders including governments and regulators, investors, and clients themselves. Environmental, social and governance (ESG) are central factors in measuring the sustainability and ethical impact of a company. Today, over 90 percent of global emissions are now covered by Net Zero commitments. In the GCC alone, the financial sector is the largest contributor to the list, indicating that insurance companies have potential to achieve high levels of ESG performance. Overall, GCC companies still have room to grow to meet top global performers with more mature ESG activity.

Across the GCC region, adoption of ESG requirements is largely optional, but the development of requirements remains ongoing. High performers on ESG come from