ESG ANALYSIS OF COMPANIES IN THE ARAB WORLD
Supporting investors integrate ESG factors in investment decisions
QUANTIFYING THE ESG PERFORMANCE OF COMPANIES IN THE ARAB WORLD
Supporting investors integrate ESG factors in investment decisions
ABOUT
OUR COMMITMENT
As a signatory of the United Nations Principles for Responsible Investment (PRI), Sustainability Excellence's investment research arm - ESG Invest - has made the formal commitment to drive the responsible investment movement forward in the Arab world by providing a wide range of customised products and services that support investors, asset managers, asset owners, and stock exchanges to integrate Environmental, Social, and Governance (ESG) issues in their core strategies and make better informed investment decisions.
WHAT WE OFFER
ESG Invest provides comprehensive ESG ratings research reports that quantify the ESG performance of companies in the Arab world. Our team of native Arabic speaking research analysts assess ESG data points across 9 Sustainability Dimensions and 43 ESG issues with more than 180 data points for companies in the Arab world, analysing the level of integration of ESG issues at the company’s core business activities and assessing the company’s exposure to tail risk events and opportunities for Alpha.
OUR SOLUTIONS
FOR FINANCIAL INSTITUTIONS
ESG Invest will support you in making informed investment decisions through ESG analysis that uncover hidden risks that may not be captured by mainstream financial analysis.
FOR INDIVIDUAL INVESTORS
ESG Invest will support you in developing a unique ESG integration roadmap that helps you identify companies with net positive impact while systematically managing ESG risks across asset classes.
FOR CORPORATES
ESG Invest will support you in benchmarking your ESG performance against regional and international companies on material ESG factors that the reasonable investor cares about.
700
Comprehensive ESG Reports of Companies in the Arab World
200
ESG Quantitative and Qualitative Performance Indicators
40
ESG Criteria Derived from International Standards and National Visions
4
Years of Historical Data
WHAT MAKES US UNIQUE
Methodology
A focus on material ESG factors and best practices from the most stringent international standards.
Regional Focus
A strong understanding of National Visions and Transformation Plans in the Middle East.
Language
A diverse team of native Arabic speaking ESG Research analysts analyzing ESG information.
Engagement
Regional collaborations with the GRI, stock exchanges, and leading financial institutions.
IT Infrastructure
A proprietary IT platform supporting ESG analysis and dialogue between investors and ESG analysts.
Quality Control
Standardized and quality controlled data, verified by a rigorous quality management process.
NEWS
Featured News
Bahrain Bourse partners with Sustainability Excellence
Bahrain Bourse (BHB) signed a Memorandum of Understanding on January 16, 2020 with the advisory firm Sustainability Excellence which aims […]
Abu Dhabi Securities Exchange (ADX) partners with Sustainability Excellence
Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, signed a Memorandum of Understanding (MoU) with the management consulting firm […]
Boursa Kuwait partners with Sustainability Excellence
Earlier this year, Boursa Kuwait became a signatory of the Sustainable Stock Exchanges Initiative (SSE) demonstrating its commitment to encourage […]
Amman Stock Exchange partners with Sustainability Excellence
The Amman Stock Exchange (ASE) and Sustainability Excellence have signed a Memorandum of Understanding (MoU) to promote sustainability in the […]
Qatar Stock Exchange partners with Sustainability Excellence
The companies listed on the Qatar Stock Exchange (QSE) can digitally report their sustainability performance from December this year as […]
Sustainability Excellence delivers training to members of the Palestine Chapter of the Middle East Investor Relations Association
The training seminar was held in Ramallah on Tuesday, December 20, 2017.Members of the Palestine Investor relations chapter attended the […]
ESG Ranking
Latest ESG Rankings
Abu Dhabi Securities Exchange
| Rank | Company | Sector |
|---|---|---|
| 1 | Abu Dhabi Commercial Bank | Banks |
| 1 | First Abu Dhabi Bank | Banks |
| 2 | Union National Bank | Banks |
| 3 | Abu Dhabi National Energy Company | Energy |
| 3 | RAK Ceramics PJSC | Construction Materials |
| 4 | Dana Gas PJSC | Energy |
| 5 | Emirates Telecommunication Group Company | Telecommunication |
| 6 | Abu Dhabi National Oil Company For Distribution | Retail |
| 7 | National Marine Dredging Company | Business Support |
| 8 | Abu Dhabi Islamic Bank | Banks |
| 9 | Gulf Pharmaceutical Industries | Health Care |
| 10 | AGTHIA Group | Food and Beverages |
| 11 | Abu Dhabi Ship Building PJSC | Construction & Engineering |
| 12 | Fujairah Cement Industries | Construction Materials |
| 13 | National Bank of Fujairah PJSC | Banks |
| 14 | Emirates Driving Company | Education |
| 14 | National Corporation For Tourism And Hotels | Hotels and Leisure |
| 15 | Ras Al Khaimah Cement Company | Construction Materials |
| 15 | Sharjah Cement and Industrial Development Co. | Construction Materials |
| 16 | Ooredoo | Telecommunication Services |
| 17 | Rak Properties | Real Estate |
| 18 | Abu Dhabi National Hotels | Hotels and Leisure |
| 18 | Aldar Properties PJSC | Real Estate |
| 18 | Fujairah Building Industries P.S.C. | Construction Materials |
| 18 | International Holding Company PJSC | Food and Beverages |
| 19 | Abu Dhabi Aviation Co. | Transportation and Logistics |
| 19 | Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. | Construction Materials |
| 20 | Abu Dhabi National Insurance Company | Insurance |
| 20 | Bank of Sharjah | Banks |
| 21 | Al Dhafra Insurance Company | Insurance |
| 21 | AL Khaleej Investment | Industrial Conglomerates |
| 21 | Emirates Insurance Company | Insurance |
| 22 | Abu Dhabi National Company for Building Materials | Construction Materials |
| 22 | Arkan Building Materials Co. | Construction Materials |
| 22 | Gulf Medical Projects Company | Health Care |
| 23 | Eshraq Properties Co. | Real Estate |
| 23 | Umm Al Qaiwain General Investments Co. | Diversified Financial Services |
| 24 | Methaq Takaful Insurance Company | Insurance |
| 24 | National Takaful Company PSC - Watania | Insurance |
| 24 | Union Cement Co. | Construction Materials |
| 24 | Waha Capital PJSC | Diversified Financial Services |
| 25 | Al Khazna Insurance Company | Insurance |
| 25 | Ras Al Khaimah Poultry And Feeding Co. | Food and Beverages |
| 26 | Al Buhaira National Insurance Company | Insurance |
| 26 | RAK Insurance | Insurance |
| 27 | AXA Green Crescent Insurance Company PJSC | Insurance |
| 27 | Insurance House P.S.C | Insurance |
| 27 | United Insurance Company | Insurance |
| 28 | FOODCO Holding P.J.S.C | Food and Beverages |
| 28 | National Bank Of Ras Al-Khaimah | Banks |
| 29 | Al Wathba National Insurance Company P.J.S.C | Insurance |
| 30 | Abu Dhabi National Takaful Company | Insurance |
| 31 | Al Ain Ahlia Insurance Company | Insurance |
| 32 | Al Fujairah National Insurance Company | Insurance |
| 33 | Sharjah Group Company | Real Estate |
| 33 | Sudatel Telecom Group Company | Telecommunication Services |
| 34 | Union Insurance Company | Insurance |
| 35 | Sharjah Insurance Company | Insurance |
| 36 | United Arab Bank (P.J.S.C.) | Banks |
| 37 | Commercial Bank International | Banks |
| 38 | Oman & Emirates Investment Holding Co. | Diversified Financial Services |
| 39 | National Bank of Umm Al Qaiwain | Banks |
| 40 | Finance House | Banks |
| 41 | Invest Bank | Banks |
| 42 | Sharjah Islamic Bank | Banks |
* Based on ESG Invest 2018 ratings
Dubai Financial Market
| Rank | Company | Sector |
|---|---|---|
| 1 | Hikma Pharmaceuticals | Health Care |
| 2 | ARAMEX PJSC | Transportation and Logistics |
| 3 | Emirates Integrated Telecommunications Company PJSC | Telecommunication |
| 4 | DP World | Transportation and Logistics |
| 5 | Arabtec Holding PJSC | Construction & Engineering |
| 6 | Dubai Financial Market PJSC | Diversified Financial Services |
| 7 | Agility The Public Warehousing Company (K.S.C.) | Transportation and Logistics |
| 8 | Emirates NBD PJSC | Banks |
| 9 | Al Baraka Banking Group | Banks |
| 10 | Orascom Construction Limited | Construction & Engineering |
| 11 | Union Properties PJSC | Real Estate |
| 12 | Ithmaar Holding | Banks |
| 13 | National Central Cooling Co. | Business Support Services |
| 14 | Emaar Properties PJSC | Real Estate |
| 15 | Dubai Investments PJSC | Diversified Financial Services |
| 15 | DAMAC PROPERTIES DUBAI CO PJSC | Real Estate |
| 16 | DXB Entertainments (P.J.S.C.) | Hotels and Leisure |
| 17 | Depa Limited | Business Support Services |
| 18 | EMAAR MALLS PJSC | Real Estate |
| 19 | SHUAA Capital PSC | Diversified Financial Services |
| 20 | Gulf Navigation Holding PJSC | Transportation and Logistics |
| 21 | United Foods Company (PSC) | Food and Beverages |
| 21 | Air Arabia PJSC | Transportation and Logistics |
| 22 | Al Salam Bank - Bahrain | Banks |
| 23 | BLME Holdings plc | Banks |
| 24 | Emirates Refreshments Company | Food and Beverages |
| 24 | National International Holding Company | Diversified Financial Services |
| 25 | Dubai Refreshment | Food and Beverages |
| 25 | Marka PJSC | Retail |
| 25 | Arabian Scandinavian Insurance Company - Takaful | Insurance |
| 25 | Dubai National Insurance & Reinsurance | Insurance |
| 26 | Gulfa Mineral Water & Processing Industries Co. PLC | Food and Beverages |
| 26 | National Cement Company (P.S.C.) | Construction Materials |
| 26 | Dar Al Takaful | Insurance |
| 26 | Takaful Emarat (PSC) | Insurance |
| 26 | Deyaar Development PJSC | Real Estate |
| 27 | Alliance Insurance | Insurance |
| 28 | Islamic Arab Insurance Company | Insurance |
| 29 | National General Insurance Company PSC | Insurance |
| 29 | Al Ramz Corporation Investment and Development PJSC | Diversified Financial Services |
| 30 | Dubai Islamic Insurance and Reinsurance Co. | Insurance |
| 30 | Al Mazaya Holding Company | Real Estate |
| 30 | Al Firdous Holdings PJSC | Hotels and Leisure |
| 31 | Orient Insurance PJSC | Insurance |
| 31 | Orient UNB Takaful | Insurance |
| 32 | Unikai Foods P.J.S.C. | Food and Beverages |
| 32 | Gulf General Investments Company | Diversified Financial Services |
| 33 | Oman Insurance Company | Insurance |
| 33 | GFH Financial Group B.S.C. | Banks |
| 33 | Arab Insurance Group P.S.C. | Insurance |
| 33 | Emaar Development | Real Estate |
| 34 | Drake & Scull International P.J.S.C | Construction & Engineering |
| 35 | Commercial Bank of Dubai P.S.C. | Banks |
| 35 | Al Sagr National Insurance Company | Insurance |
| 36 | Mashreqbank PSc | Banks |
| 36 | National Industries Group Holding (S.A.K.) | Industrial Conglomerates |
| 36 | Dubai Insurance Company | Insurance |
| 37 | Khaleeji Commercial Bank | Banks |
| 38 | Amlak Finance P.J.S.C | Banks |
| 38 | Amanat Holdings PJSC | Business Support Services |
| 39 | Dubai Islamic Bank | Banks |
| 40 | Ajman Bank PJSC | Banks |
| 41 | Emirates Islamic Bank PJSC | Banks |
| 42 | NAEEM Holding For Investments | Diversified Financial Services |
| 43 | Emirates Investment Bank PJSC | Banks |
| 44 | Al Salam Group Holding | Diversified Financial Services |
| 44 | International Financial Advisors Company | Diversified Financial Services |
| 44 | Aan Digital Services Holding Co. | Telecommunication Services |
| 45 | Al-Madina For Finance and Investment | Diversified Financial Services |
| 45 | Ektettab Holding Company K.S.C.C | Diversified Financial Services |
| 46 | Al Salam Bank - Sudan | Banks |
* Based on ESG Invest 2018 ratings
Qatar Stock Exchange
| Rank | Company | Sector |
|---|---|---|
| 1 | Doha Bank | Banks |
| 2 | Qatar Fuel Company (Woqod) | Retail |
| 3 | Vodafone Qatar Q.S.C. | Telecommunication |
| 4 | Qatar Gas Transport Company Ltd (Nakilat) | Transportation and Logistics |
| 5 | Qatar National Bank | Banks |
| 6 | Ooredoo | Telecommunication |
| 7 | Aamal Company Q.S.C. | Industrial Conglomerates |
| 8 | Qatari Investors Group | Industrial Conglomerates |
| 9 | Al Khalij Commercial Bank - Al Khaliji (QSC) | Banks |
| 10 | Commercial Bank | Banks |
| 10 | Gulf Warehousing Company | Transportation and Logistics |
| 11 | Gulf International Services | Energy |
| 12 | Almeera Consumer Goods Company Q.S.C | Retail |
| 13 | Qatar Industrial Manufacturing Company | Industrial Conglomerates |
| 13 | Masraf Al Rayan (Q.S.C.) | Banks |
| 14 | Qatar General Insurance and Reinsurance | Insurance |
| 14 | Industries Qatar | Industrial Conglomerates |
| 15 | Dlala Brokerage and Investments Holding Company | Diversified Financial Services |
| 16 | Barwa Real Estate Company | Real Estate |
| 16 | Mesaieed Petrochemical Holding Company Q.S.C. | Chemicals |
| 17 | Qatar German Company for Medical Devices | Health Care |
| 17 | Qatar Navigation (Milaha) Q.S.C. | Transportation and Logistics |
| 18 | Mannai Corporation (QSC) | Industrial Conglomerates |
| 18 | Qatar Oman Investment Company | Diversified Financial Services |
| 18 | Mazaya Qatar Real Estate Development | Real Estate |
| 18 | Qatar Cinema & Film Distribution Co | Hotels and Leisure |
| 20 | Qatar International Islamic Bank | Banks |
| 20 | Qatar National Cement Company | Construction Materials |
| 21 | Doha Insurance Company | Insurance |
| 22 | Qatar Islamic Bank | Banks |
| 22 | Ahli Bank | Banks |
| 22 | Investment Holding Group | Construction & Engineering |
| 22 | Salam International Investment Limited (SIIL) | Industrial Conglomerates |
| 24 | Medicare Group Q.S.C | Health Care |
| 25 | Ezdan Holding Group | Real Estate |
| 25 | Qatar Electricity and Water Company | Utilities |
| 26 | Qatar Insurance Company | Insurance |
| 26 | United Development Company | Real Estate |
| 27 | Qatar Islamic Insurance Company | Insurance |
| 27 | National Leasing Holding | Diversified Financial Services |
| 28 | Qatar First Bank | Banks |
| 29 | Zad Holding Company | Industrial Conglomerates |
| 30 | Al Khaleej Takaful Group | Insurance |
| 31 | Widam Food Company Q.S.C. - Mawashi | Food and Beverages |
| 32 | Islamic Holding Group | Diversified Financial Services |
* Based on ESG Invest 2018 ratings
Tadawul
* Based on ESG Invest 2018 ratings
Boursa Kuwait
| Rank | Company | Sector |
|---|---|---|
| 1 | Mobile Telecommunications Company K.S.C (Zain) | Telecommunication Services |
| 2 | Agility The Public Warehousing Company | Transportation and Logistics |
| 3 | Mabanee Company (S.A.K) | Real Estate |
| 4 | National Bank of Kuwait | Banks |
| 5 | Gulf Cement Company (P.S.C.) | Construction Materials |
| 6 | Fujairah Cement Industries Co. (P.S.C.) | Construction Materials |
| 7 | National Mobile Telecommunications Co. (K.S.C) | Telecommunication Services |
| 7 | United Projects for Aviation Services Company (K.S.C) | Business Support Services |
| 9 | Ahli United Bank (B.U.C) | Banks |
| 10 | Ahli United Bank (K.S.C.P) | Banks |
| 10 | Sharjah Cement and Industrial Development Co. | Construction Materials |
| 12 | Kuwait Finance House | Banks |
| 13 | Al Ahli Bank of Kuwait (K.S.C.) | Banks |
| 13 | National Petroleum Services Company (K.S.C.) | Energy |
| 15 | Kuwait Financial Centre (K.P.S.C) | Diversified Financial Services |
| 15 | Ras Al Khaimah Co. For White Cement & Construction Materials | Construction Materials |
| 17 | Al Mazaya Holding Co. | Real Estate |
| 17 | Umm Al-Qaiwain General Investments Co. (P.S.C.) | Diversified Financial Services |
| 19 | Burgan Bank (S.A.K.) | Banks |
| 19 | Kuwait International Bank (K.S.C.) | Banks |
| 21 | Inovest (B.S.C) | Diversified Financial Services |
| 21 | Kuwait & Gulf Link Transport Company (K.S.C) | Transportation and Logistics |
| 21 | Kuwait & Middle East Financial Investment Co. (K.S.C) | Diversified Financial Services |
| 21 | Kuwait Cement Company (K.P.S.C.) | Construction Materials |
| 21 | Kuwait Telecommunication Company (K.S.C) | Telecommunication Services |
| 21 | Oula Fuel Marketing Company (K.S.C) | Retail |
| 21 | Soor Fuel Marketing Company (K.S.C) | Retail |
| 21 | The Commercial Real Estate Co. (K.S.C) | Real Estate |
| 29 | Alargan International Real Estate Co. (K.S.C) | Real Estate |
| 29 | Boubyan Bank (K.S.C.) | Banks |
| 29 | Commercial Bank of Kuwait | Banks |
| 29 | GFH Financial Group | Banks |
| 29 | Gulf Insurance Group (K.S.C.) | Insurance |
| 29 | Mezzan Holding Co. (K.S.C.C) | Food and Beverages |
| 29 | National International Holding Company (K.S.C) | Diversified Financial Services |
| 36 | Aayan Real Estate Company (S.A.K) | Real Estate |
| 36 | Acico Industries Company (K.S.C) | Industrial Conglomerates |
| 36 | Arzan Financial Group for Financing and Investment K.S.E | Diversified Financial Services |
| 36 | Gulf Bank of Kuwait (K.S.C.) | Banks |
| 36 | KAMCO Investment Company K.S.C (Public) | Diversified Financial Services |
| 36 | Warba Bank (K.S.C.) | Banks |
| 42 | A'ayan Leasing & Investment Company (K.S.C) | Diversified Financial Services |
| 42 | Al Imtiaz Investment Group (K.S.C.) | Diversified Financial Services |
| 42 | Almadar Finance and Investment (K.S.C) | Diversified Financial Services |
| 42 | Injazzat Real Estate Development Co. (K.S.C) | Real Estate |
| 42 | KGL Logistics Company | Transportation and Logistics |
| 42 | Kuwait Finance & Investment Company (K.S.C) | Diversified Financial Services |
| 42 | Kuwait Insurance Company (S.A.K.) | Insurance |
| 42 | Kuwait Projects Company (Holding) (K.S.C.) | Diversified Financial Services |
| 42 | National Cleaning Co. (S.A.K) | Utilities |
| 42 | National Real Estate Company K.S.C | Real Estate |
| 42 | Noor Financial Investment Company (K.S.C) | Diversified Financial Services |
| 42 | Salhia Real Estate (K.S.C) | Real Estate |
| 42 | The Kuwait Company for Process Plant Construction and Contracting (S.A.K) | Construction & Engineering |
| 42 | Tijara & Real Estate Investment Co. (K.S.C) | Real Estate |
| 42 | Yiaco Medical Company (K.S.C) | Retail |
| 57 | Advanced Technology Company | Retail |
| 57 | Al Ahleia Insurance Co. (S.A.K.) | Insurance |
| 57 | Al Aman Investment Company | Diversified Financial Services |
| 57 | Commercial Facilities Co. (S.A.K) | Diversified Financial Services |
| 57 | First Dubai for Real Estate Development Co. (K.S.C.P) | Real Estate |
| 57 | First Takaful Insurance Company (K.C.S) | Insurance |
| 57 | Gulf Investment House (K.S.C) | Diversified Financial Services |
| 57 | Kuwait Investment Company (S.A.K.) | Diversified Financial Services |
| 57 | Kuwait Real Estate Company (K.S.C.) | Real Estate |
| 57 | Livestock Transport & Trading Company (K.S.C.) | Food and Beverages |
| 57 | Mubarrad Transport Company (K.S.C) | Transportation and Logistics |
| 57 | Munshaat Real Estate Projects Co. (K.S.C) | Real Estate |
| 57 | SANAD HOLDING COMPANY | Diversified Financial Services |
| 57 | Tamdeen Real Estate Company (K.S.C) | Real Estate |
| 71 | Al Masaken International Real Estate Development | Real Estate |
| 71 | Amwal International Investment CO. (K.S.C) | Diversified Financial Services |
| 71 | Independent Petroleum Group (K.S.C.P) | Energy |
| 74 | Ajial Real Estate Entertainment Company (K.S.C) | Real Estate |
| 74 | Al-Enma'a Real Estate Co. (K.S.C) | Real Estate |
| 74 | Al-Kout Industrial Projects Co. (K.S.C) | Chemicals |
| 74 | Boubyan Petrochemical Company (K.S.C) | Industrial Conglomerates |
| 74 | First Investment Company (K.S.C) | Diversified Financial Services |
| 74 | Future Kid Entertainment and Real Estate Co. (K.S.C) | Hotels and Leisure |
| 74 | International Financial Advisers (K.S.C) | Diversified Financial Services |
| 74 | Osoul Investment CO. (K.S.C) | Diversified Financial Services |
| 74 | Qurain Petrochemical Industries Company (K.S.C) | Industrial Conglomerates |
| 74 | Real Estate Asset Management Company (K.S.C) | Real Estate |
| 74 | Senergy Holding Company (K.S.C.P) | Energy |
| 74 | Warba Insurance Company (K.S.C.P) | Insurance |
| 86 | Al-Arabiya Real Estate Co. (K.S.C) | Real Estate |
| 86 | AMAR FOR FINANCE AND LEASING CO. | Diversified Financial Services |
| 86 | Aqar Real Estate Investments Company (S.A.K) | Real Estate |
| 86 | Automated Systems Company (K.P.S.C) | Business Support Services |
| 86 | Combined Group Contracting Co. (S.A.K) | Construction & Engineering |
| 86 | Gulf North Africa Holding Company (K.S.C) | Diversified Financial Services |
| 86 | Kuwait Real Estate Holding Company (K.S.H) | Real Estate |
| 86 | United Real Estate Company (K.S.C) | Real Estate |
| 94 | HumanSoft Holding Co. (K.S.C) | Business Support Services |
| 94 | International Resorts Company (K.S.C) | Real Estate |
| 94 | Kuwait National Cinema Co. (K.P.S.C.) | Hotels and Leisure |
| 94 | National Investments Company (K.S.C.) | Diversified Financial Services |
| 94 | Privatization Holding Company (K.S.C.) | Diversified Financial Services |
| 94 | Real Estate Trade Centers Co. (K.S.C) | Real Estate |
| 100 | Alrai Media Group Company (K.S.C) | Media and Publishing |
| 100 | Arkan Al-Kuwait Real Estate Co. (K.S.C) | Real Estate |
| 100 | Burgan Company for Well Drilling, Trading & Maintenance | Energy |
| 100 | Coast Investment & Development Company (K.S.C) | Diversified Financial Services |
| 100 | Danah Al Safat Foodstuff Company (K.S.C.) | Food and Beverages |
| 100 | Egypt Kuwait Holding Co. (S.A.E.) | Diversified Financial Services |
| 100 | Gulf Cable & Electrical Industrial Co. | Electrical Components and Equipment |
| 100 | Kuwait Foundry Co. (S.A.K) | Metals and Mining |
| 100 | National Industries Company (K.S.C.) | Construction Materials |
| 100 | Sokouk Holding Co. (S.A.K) | Diversified Financial Services |
| 100 | Sultan Center Food Products Co. (K.S.C) | Retail |
| 100 | Tamdeen Investment Co. (K.S.C.) | Diversified Financial Services |
| 112 | Ajwan Gulf Real Estate Co. | Real Estate |
| 112 | Aviation Lease and Finance Company | Transportation and Logistics |
| 112 | IFA Hotels and Resorts Co. (K.P.S.C) | Hotels and Leisure |
| 112 | Integrated Holding Company | Diversified Financial Services |
| 112 | Osos Holding Group Company (K.S.C) | Diversified Financial Services |
| 112 | Sanam Real Estate Co. (K.S.C) | Real Estate |
| 112 | The Energy House Holding Company (K.S.C) | Diversified Financial Services |
| 112 | Wethaq Takaful Insurance Company (K.C.S) | Insurance |
| 120 | Jazeera Airways Company | Transportation and Logistics |
| 120 | National Industries Group Holding (S.A.K.) | Industrial Conglomerates |
| 120 | Shuaiba Industrial Company (K.P.S.C.) | Containers & Packaging |
| 123 | Al-Deera Holding Company (K.P.S.C) | Diversified Financial Services |
| 123 | Al-Massaleh Real Estate Company (K.S.C) | Real Estate |
| 123 | Heavy Engineering Industries & Shipbuilding Company (K.S.C.) | Energy |
| 123 | Kuwait Portland Cement Company (K.S.C) | Construction Materials |
| 123 | Mena Real Estate Company (K.S.C) | Real Estate |
| 123 | Taameer Real Estate Investment Co. (K.S.C) | Real Estate |
| 129 | AAN Digital Services Co. | Telecommunication Services |
| 129 | Abyaar Real Estate Development Co. (K.S.C) | Real Estate |
| 129 | Al-Mal Investment Company (K.S.C) | Diversified Financial Services |
| 129 | Arabi Holding Group CO. (K.S.C) | Industrial Conglomerates |
| 129 | Jiyad Holding Company (K.S.C.Holding) | Diversified Financial Services |
| 129 | Kuwait Business Town Real Estate Co. (K.S.C) | Real Estate |
| 129 | Kuwait Resorts Company (K.S.C) | Hotels and Leisure |
| 129 | Manazel Holding | Diversified Financial Services |
| 129 | The Securities House (K.S.C) | Diversified Financial Services |
| 138 | Asiya Capital Investments Company (K.S.C.P) | Diversified Financial Services |
| 138 | Bayan Investment CO. (K.S.C.P) | Diversified Financial Services |
| 138 | Ektettab Holding Co. (S.A.K) | Diversified Financial Services |
| 138 | Equipment Holding Co. (K.S.C) | Retail |
| 138 | Kuwait Reinsurance Company (K.S.P.C) | Insurance |
| 138 | Mashaer Holding Company | Diversified Financial Services |
| 138 | National Shooting Company (K.S.C) | Hotels and Leisure |
| 138 | Specialities Group Holding Co. (K.S.C) | Construction & Engineering |
| 138 | UniCap investment and Finance | Diversified Financial Services |
| 147 | Al-Madina For Finance and Investment Co. (S.A.K) | Diversified Financial Services |
| 147 | Al-Salam Group Holding CO. (K.S.C) | Diversified Financial Services |
| 147 | Credit Rating & Collection (K.S.C) | Diversified Financial Services |
| 147 | DAR AL THURAYA REAL ESTATE CO. | Real Estate |
| 147 | Educational Holding Group (S.A.K) | Education |
| 147 | Gulf Petroleum Investment (S.A.K) | Energy |
| 147 | Hilal Cement Company (K.S.C) | Construction Materials |
| 147 | Investors Holding Group Company (K.S.C) | Real Estate |
| 147 | Kuwait Remal Real Estate Company (K.S.C) | Real Estate |
| 147 | Kuwait Syrian Holding Company (K.S.C. Holding) | Diversified Financial Services |
| 147 | Nafais Holding Company (K.S.C) | Business Support Services |
| 147 | Warba Capital Holding Co (K.S.C) | Diversified Financial Services |
| 159 | Al Mudon Intl. Real Estate Co. | Real Estate |
| 159 | Salbookh Trading Co. (K.S.C) | Construction Materials |
| 161 | Al Eid Food Co. | Food and Beverages |
| 161 | Al-Maidan Dental Clinic Co. | Health Care |
* Based on ESG Invest 2018 ratings
Bahrain Bourse
| Rank | Company | Sector |
|---|---|---|
| 1 | Aluminum Bahrain B.S.C | Metals and Mining |
| 2 | Zain Bahrain | Telecommunication Services |
| 3 | Al-Ahli United Bank | Banks |
| 4 | Al Baraka Banking Group | Banks |
| 5 | BMMI | Retail |
| 6 | Al Salam Bank - Bahrain B.S.C. | Banks |
| 6 | United Gulf Bank | Banks |
| 8 | BBK | Banks |
| 8 | Arab Banking Corporation | Banks |
| 10 | Bahrain Islamic Bank | Banks |
| 11 | Bahrain Telecommunications Company | Telecommunication Services |
| 12 | Securities & Investment Company | Diversified Financial Services |
| 12 | Inovest | Diversified Financial Services |
| 12 | Investcorp Bank | Diversified Financial Services |
| 15 | Gulf Hotel Group B.S.C | Hotels and Leisure |
| 15 | Bahrain Kuwait Insurance Company | Insurance |
| 17 | Khaleeji Commercial Bank B.S.C | Banks |
| 17 | Bahrain Family Leisure | Hotels and Leisure |
| 17 | GFH Financial Group | Banks |
| 17 | Bahrain Flour Mills Company | Food and Beverages |
| 17 | Bahrain Ship Repairing & Engineering Company | Construction & Engineering |
| 22 | National Bank of Bahrain | Banks |
| 22 | Bahrain Middle East Bank | Banks |
| 22 | Esterad Investment Company | Diversified Financial Services |
| 22 | Nass Corporation | Construction & Engineering |
| 26 | Bahrain Commercial Facilities Company | Diversified Financial Services |
| 26 | Seef Properties | Real Estate |
| 28 | Solidarity Bahrain B.S.C | Insurance |
| 28 | Arab Insurance Group | Insurance |
| 28 | Bahrain Duty Free Complex | Retail |
| 28 | Trafco Group | Food and Beverages |
| 32 | Delmon Poultry Company | Food and Beverages |
| 32 | Bahrain Car Parks Company | Business Support Services |
| 32 | Bahrain Cinema Company | Hotels and Leisure |
| 35 | Bahrain National Holding Company | Insurance |
| 36 | Banader Hotels Company BSC | Hotels and Leisure |
| 36 | National Hotels Company | Hotels and Leisure |
| 38 | Takaful International Company | Insurance |
| 39 | United Gulf Investment Corporation | Diversified Financial Services |
| 40 | United Paper Industries B.S.C.(c) | Paper & Forest Products |
| 40 | TAIB Bank | Banks |
* Based on ESG Invest 2018 ratings
Muscat Securities Market
| Rank | Company | Sector |
|---|---|---|
| 1 | Bank Muscat | Banks |
| 2 | Oman Telecommunications Company | Telecommunication Services |
| 3 | National Bank of Oman | Banks |
| 4 | Shell Oman Marketing Company | Energy |
| 5 | Oman Cables Industry | Electrical Components and Equipment |
| 6 | Bank Sohar | Banks |
| 7 | HSBC Bank Oman | Banks |
| 8 | Omani Qatari Telecommunications Company SAOG | Telecommunication Services |
| 9 | Raysut Cement | Construction Materials |
| 9 | Bank Dhofar | Banks |
| 11 | Voltamp Energy | Electrical Components and Equipment |
| 12 | Al Maha Petroleum Products Marketing Company | Retail |
| 13 | Oman United Insurance Company | Insurance |
| 14 | National Gas | Energy |
| 14 | Al Anwar Holdings SAOG | Insurance |
| 14 | Al Jazeera Steel Products | Metals and Mining |
| 14 | Oman Cement | Construction Materials |
| 14 | AlSharqiya Investment Holding Co. | Diversified Financial Services |
| 19 | Almaha Ceramics | Construction Materials |
| 20 | Al Madina Takaful | Insurance |
| 20 | Taageer Finance Company | Diversified Financial Services |
| 22 | Oman Investment and Finance Company | Business Support Services |
| 23 | Al Madina Investment | Diversified Financial Services |
| 23 | Al Jazeira Services | Hotels and Leisure |
| 23 | Al Anwar Ceramic Tiles | Construction Materials |
| 26 | Oman Flour Mills | Food and Beverages |
| 27 | Ominvest | Diversified Financial Services |
* Based on ESG Invest 2018 ratings
Amman Stock Exchange
| Rank | Company | Sector |
|---|---|---|
| 1 | Arab Bank | Banks |
| 2 | Jordan Islamic Bank | Banks |
| 3 | Jordan Ahli Bank | Banks |
| 4 | Arab Banking Corporation | Banks |
| 5 | Cairo Amman Bank | Banks |
| 6 | Jordan Petroleum Refinery Company LTD | Energy |
| 7 | The Housing Bank for Trade and Finance | Banks |
| 8 | Bank of Jordan | Banks |
| 9 | Jordan Kuwait Bank | Banks |
| 10 | Jordan Commercial Bank | Banks |
| 11 | Bank Al Etihad | Banks |
| 12 | Societe Generale de Banque Jordanie | Banks |
| 13 | The Arab Potash | Metals and Mining |
| 14 | Safwa Islamic Bank | Banks |
| 15 | Investbank | Banks |
| 16 | Capital Bank | Banks |
| 17 | Arab Jordan Investment Bank | Banks |
| 18 | Irbid District Electricity | Utilities |
| 19 | Jordan Electric Power | Utilities |
| 20 | The Arab International for Education & Investment | Education |
| 21 | Northern Cement Co. | Construction Materials |
| 22 | Jordan Telecom | Telecommunication |
| 23 | Afaq for Energy Co PLC | Energy |
| 24 | Al-Nisr Al-Arabi Insurance | Insurance |
| 25 | Ready Mix Concrete and Construction Supplies | Construction Materials |
| 26 | Zarqa Educational & Investment Co. | Education |
| 27 | Rum Group for Transportation & Tourism Investment | Transportation and Logistics |
| 28 | Masafat Specialized Transport | Transportation and Logistics |
| 29 | Jordan Insurance Company | Insurance |
| 30 | The Arab Pesticides & Veterinary Drugs mfg. Co. | Chemicals |
| 31 | First Finance | Diversified Financial Services |
| 32 | Arab International Hotels | Hotels and Leisure |
| 33 | The Jordan Worsted Mills | Retail |
| 34 | Al-Isra for Education and Investment | Education |
| 35 | Petra Education Company | Education |
| 36 | Jordan National Shipping Lines | Transportation and Logistics |
| 37 | Dar Al Dawa Development and Investment Co. | Health Care |
| 38 | Arab Life & Accident Insurance | Insurance |
| 39 | Al Dawliyah for Hotels and Malls | Hotels and Leisure |
| 40 | Jordanian Duty Free Shops | Retail |
| 41 | Philadelphia International Educational Investment Company | Education |
| 42 | Arab Aluminium Industry | Metals and Mining |
| 43 | Middle East Insurance | Insurance |
| 44 | Arabia Insurance Company - Jordan | Insurance |
| 45 | Jordan International Insurance | Insurance |
| 46 | The Islamic Insurance | Insurance |
| 47 | Solidarity - First Insurance | Insurance |
| 48 | Jordan Hotels & Tourism Company | Hotels and Leisure |
| 49 | Ittihad Schools | Education |
| 50 | Al-Bilad Medical Services Company | Health Care |
| 51 | Ibn Alhaytham Hospital Company | Health Care |
| 52 | Hayat Pharmaceutical Industries Company | Health Care |
| 53 | Jerusalem Insurance | Insurance |
| 54 | The United Insurance | Insurance |
| 55 | The Arab Financial Investment Company | Diversified Financial Services |
| 56 | United Financial Investments | Diversified Financial Services |
| 57 | Al-Sharq Investment Projects | Hotels and Leisure |
| 58 | Universal Modern Industries | Food and Beverages |
| 59 | Philadelphia Pharmaceuticals | Health Care |
| 60 | National Insurance | Insurance |
| 61 | Century Investment Group | Diversified Financial Services |
| 62 | General Investment | Food and Beverages |
| 63 | Al-Eqbal Investment Company | Tobacco |
| 64 | Al-Amal Financial Investments | Diversified Financial Services |
| 65 | Jordan Express Tourist Transport | Transportation and Logistics |
| 66 | National Aluminum Industrial | Metals and Mining |
| 67 | The Arab International Food Factories | Food and Beverages |
| 68 | The Real Estate & Investment Portfolio Co. | Real Estate |
| 69 | Contempro for Housing Projects | Real Estate |
* Based on ESG Invest 2017 ratings
Beirut Stock Exchange
| Rank | Company | Sector |
|---|---|---|
| 1 | Bank Audi | Banks |
| 2 | BLOM Bank | Banks |
| 3 | Holcim Liban | Construction Materials |
| 4 | Bank of Beirut | Banks |
| 5 | BLC Bank | Banks |
| 6 | Banque BEMO | Banks |
| 7 | Byblos Bank | Banks |
| 8 | Solidere | Real Estate |
| 9 | Rasamny Younis Motor Company | Retail |
| 10 | S. L. des Ciments Blancs | Construction Materials |
* Based on ESG Invest 2017 ratings
Palestine Exchange
| Rank | Company | Sector |
|---|---|---|
| 1 | The National Bank | Banks |
| 2 | Arab Islamic Bank | Banks |
| 3 | Palestine Securities Exchange | Diversified Financial Services |
| 4 | Bank of Palestine | Banks |
| 5 | AL-Quds Bank for Development & Investment | Banks |
| 6 | Palestine Industrial Investment Company | Industrial Conglomerates |
| 7 | Palestine Telecommunication Co | Telecommunication Services |
| 8 | Beit Jala Pharmaceutical Company | Health Care |
| 9 | Palestine Islamic Bank | Banks |
| 10 | National Insurance Co | Insurance |
| 11 | Jerusalem Pharmaceutical Co | Health Care |
| 12 | Wataniya Mobile | Telecommunication Services |
| 13 | Al-Shark Electrode Company | Electrical Components and Equipment |
| 14 | The National Carton Industry | Containers & Packaging |
| 15 | Trust International Insurance Co. | Insurance |
| 16 | Ahliea Insurance Group | Insurance |
| 17 | Al Mashriq Insurance Co | Insurance |
| 18 | Arab Company for Paints Products | Chemicals |
| 19 | Nablus Surgical Center | Health Care |
| 20 | National Aluminium and Profile | Metals and Mining |
| 21 | Palestine Poultry Company | Food and Beverages |
| 22 | Union Construction and Investment | Real Estate |
| 23 | Arab Hotels Co. | Hotels and Leisure |
| 24 | Arab Palestinian Investment Company | Industrial Conglomerates |
| 25 | Birzeit Pharmaceutical Company | Health Care |
| 26 | Dar Al-Shifa Pharmaceuticals | Health Care |
| 27 | Golden Wheat Mills Co. | Food and Beverages |
| 28 | Palestine Investment Bank | Banks |
| 29 | Al-Takaful Palestinian Insurance | Insurance |
| 30 | Palestine Development & Investment Co. | Diversified Financial Services |
| 31 | Palestine Insurance Company | Insurance |
| 32 | Palestine Plastic Industries Co. | Containers & Packaging |
| 33 | Al-Wataniah Towers | Real Estate |
| 34 | Global United Insurance Company | Insurance |
| 35 | Sanad Construction Resources | Construction Materials |
| 36 | The Vegetable Oil Industries Company | Food and Beverages |
| 37 | Arab Real Estate Establishment Co | Real Estate |
| 38 | Palestine Real Estate Investment Co | Real Estate |
| 39 | Globalcom Telecommunications Plc | Telecommunication Services |
| 40 | Jerusalem Real Estate Investment Co | Real Estate |
| 41 | PalAqar for Real Estate Development & Management | Real Estate |
| 42 | Palestinian Company for Distribution & Logistic Services | Transportation and Logistics |
| 43 | Arab Investors Public | Diversified Financial Services |
| 44 | Jerusalem Cigarette Co | Tobacco |
| 45 | Palestine Electric Company | Utilities |
| 46 | Palestine Investment and Development Co | Industrial Conglomerates |
| 47 | The Ramallah Summer Resorts Company | Hotels and Leisure |
| 48 | Al-Aqariya Trading Investment | Real Estate |
| 49 | TEST | SECTOR |
| 50 | The Saudi British Bank ESG Report 2018 | test |
* Based on ESG Invest 2017 ratings
MANAGEMENT TEAM
Darin Rovere
Founder and CEO
International expert and innovator in corporate sustainability with 15 years experience working with world leading companies and governments across more than 15 sectors and four continents.
Houssam Lahrech
Head of ESG Invest
ESG expert with substantial experience combining sustainability and financial management within a leading ESG rating agency and the most innovative Asset Management firm.
CONTACT US
info@esginvest.com