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Saudi Reinsurance Company has reported the information cited in this GRI content index for the period
01 January 2023 to 31 December 2023 with reference to the GRI Standards.
| GRI STANDARD
|
DISCLOSURE
|
LOCATION
|
| GRI 2: General Disclosures 2021 | 2-1 Organizational details | About Saudi Re |
| 2-2 Entities included in the Organization’s sustainability reporting | About this Report | |
| 2-3 Reporting period, frequency and contact point | About this Report | |
| 2-4 Restatements of information | About this Report | |
| 2-6 Activities, value chain and other business relationships | About Saudi Re – What We Do | |
| 2-7 Employees | ESG Report – Our People Our Pride | |
| 2-9 Governance structure and composition | Corporate Governance | |
| 2-10 Nomination and selection of the highest governance body | Corporate Governance | |
| 2-11 Chair of the highest governance body | Corporate Governance | |
| 2-12 Role of the highest governance body in overseeing the management of impacts | Corporate Governance | |
| 2-13 Delegation of responsibility for managing impacts | ESG Report – Sustainability Strategy | |
| 2-14 Role of the highest governance body in sustainability reporting | ESG Report – Sustainability Strategy | |
| 2-15 Conflicts of interest | ESG Report – Corporate Governance ESG Report – Business Ethics and Compliance |
|
| 2-16 Communication of critical concerns | Corporate Governance | |
| 2-17 Collective knowledge of the highest governance body | Corporate Governance | |
| 2-18 Evaluation of the performance of the highest governance body | Corporate Governance | |
| 2-19 Remuneration policies | Corporate Governance | |
| 2-20 Process to determine remuneration | Corporate Governance | |
| 2-22 Statement on sustainable development strategy | Chairman's Statement | |
| 2-23 Policy commitments | ESG Report – Sustainability Strategy | |
| 2-24 Embedding policy commitments | ESG Report – Sustainability Strategy | |
| 2-25 Processes to remediate negative impacts | ESG Report – Sustainability Strategy | |
| 2-26 Mechanisms for seeking advice and raising concerns | ESG Report – Business Ethics and Compliance ESG Report – Our People Our Pride |
|
| 2-27 Compliance with laws and regulations | ESG Report – Business Ethics and Compliance | |
| 2-28 Membership associations | ESG Report – Sustainable Supply Chain | |
| 2-29 Approach to stakeholder engagement | ESG Report – Stakeholder Engagement | |
| GRI 3: Material Topics 2021 | 3-1 Process to determine material topics | ESG Report – Material Matters |
| 3-2 List of material topics | ESG Report – Material Matters | |
| 3-3 Management of material topics | ESG Report | |
| 1. Corporate Governance/6 – Ethics and Compliance | ||
| GRI 205: Anti-corruption 2016 | 205-1 Operations assessed for risks related to corruption | ESG Report – Business Ethics and Compliance |
| 205-2 Communication and training about anti-corruption policies and procedures | ESG Report – Business Ethics and Compliance | |
| 205-3 Confirmed incidents of corruption and actions taken | ESG Report – Business Ethics and Compliance | |
| SASB FN-IN-270: Transparent Information and Fair Advice for Customers | Value of any monetary losses as a result of legal proceedings | ESG Report – Business Ethics and Compliance |
| SASB FN-IN-550: Systemic Risk Management | FN-IN-550a.3 Description of approach to managing capital and liquidity-related risks associated with systemic noninsurance activities. | ESG Report – Business Ethics and Compliance |
| 2. Data Protection and Cybersecurity | ||
| GRI 418: Customer Privacy 2016 | 3-3 Management of material topics | ESG Report – Our Clients in Focus |
| 3. Talent Development | ||
| GRI 401: Employment 2016 | 401-1 New employee hires and employee turnover | ESG Report – Our People Our Pride |
| 401-3 Parental leave | ESG Report – Our People Our Pride | |
| GRI 404: Training and Education 2016 | 404-1 Average hours of training per year per employee | ESG Report – Our People Our Pride |
| 404-2 Programs for upgrading employee skills and transition assistance programs | ESG Report – Our People Our Pride | |
| 404-3 Percentage of employees receiving regular performance and career development reviews | ESG Report – Our People Our Pride | |
| 4. Serving the National Strategy/11 – Innovation and Digitalization | ||
| GRI 203: Indirect Economic Impacts 2016 | 203-1 Infrastructure investments and services supported | ESG Report – Our National Contribution |
| 203-2 Significant indirect economic impacts | ESG Report – Our National Contribution | |
| 5. Climate Change and Energy Transition | ||
| GRI 302: Energy 2016 | 302-1 Energy consumption within the Organization | ESG Report – Protecting Our Planet |
| GRI 305: Emissions 2016 | 305-1 Direct (Scope 1) GHG emissions | ESG Report – Protecting Our Planet |
| 305-4 GHG emissions intensity | ESG Report – Protecting Our Planet | |
| 7. Financial Performance | ||
| GRI 201: Economic Performance 2016 | 201-1 Direct economic value generated and distributed | Financial Statements |
| 201-2 Financial implications and other risks and opportunities due to climate change | Risk Management – Emerging Risk | |
| 8. Customer Satisfaction | 3-3 Management of material topics | ESG Report – Our Clients in Focus |
| 9. Diversity and Inclusion | ||
| GRI 405: Diversity and Equal Opportunity 2016 | 405-1 Diversity of governance bodies and employees | ESG Report – Our People Our Pride |
| GRI 406: Non-discrimination 2016 | 406-1 Incidents of discrimination and corrective actions taken | ESG Report – Our People Our Pride |
| 10. Integrating ESG in Insurance/13 – Access to Insurance /14 – Sustainable Products and Services | ||
| SASB FN-IN-450: Environmental Risk Exposure | FN-IN-450a.2 Total amount of monetary losses attributable to insurance payouts from modeled natural catastrophes | ESG Report – Sustainable Insurance |
| FN-IN-450a.2 Total amount of monetary losses attributable to insurance payouts from modeled natural catastrophes | ESG Report – Sustainable Insurance | |
| SASB FN-IN-410: Policies Designed to Incentivize Responsible Behavior | FN-IN-410 b.1 Net premiums written related to renewable energy, energy efficiency, cleaner production, low-carbon technology | ESG Report – Sustainable Insurance |
| 12. Investing Responsibly | 3-3 Management of material topics | ESG Report – Sustainable Insurance |
| 15. Community Investment | 3-3 Management of material topics | ESG Report – Supporting Our Communities |
| 16. Health and Well-being | ||
| GRI 403: Occupational Health and Safety 2018 | 403-3 Occupational health services | ESG Report – Our People Our Pride |
| 403-6 Promotion of worker health | ESG Report – Our People Our Pride | |
| 17. Environmental Management | ||
| GRI 301: Materials 2016 | 301-1 Materials used by weight or volume | ESG Report – Protecting Our Planet |
| GRI 303: Water and Effluents 2018 | 303-5 Water consumption | ESG Report – Protecting Our Planet |
| GRI 306: Waste 2020 | 306-3 Waste generated | ESG Report – Protecting Our Planet |
| 306-4 Waste diverted from disposal | ESG Report – Protecting Our Planet | |
| 18. Sustainable Procurement | ||
| GRI 204: Procurement Practices 2016 | 204-1 Proportion of spending on local suppliers | ESG Report – Sustainable Supply Chain |