Integrated K S C P : تقرير الإستدامة لعام 2023

Integrating Sustainability

into our Logistics

Our first ESG report

FY 2023

TABLE OF CONTENTS

E S G R e p o r t i n g - Y e a r 2 0 2 3

MESSAGE FROM THE COMPANY

Message from Chairman

Message from HSE Manager

REPORT AT A GLANCE

About the Report

Stakeholder Engagement

Materiality

ESG HIGHLIGHTS

In FY 2023

Previous Years.

COMPANY OVERVIEW

About the company

ESG INTEGRATION

Milestones

Core Business Activity

Range of Equipment

ENVIRONMENT PERFORMANCE

Emissions

Recycling

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TABLE OF CONTENTS

E S G R e p o r t i n g - Y e a r 2 0 2 3

SOCIAL INDICATORS

Employee Safety

Occupational Health

Safety Initiatives, Training etc.

GOVERNANCE INDICATORS

Board Structure

Ethics and Integrity

Governance Metrics

WAY FORWARD

Current ESG Strategy

Triple Targeted Path

ESG Framework

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CEO's message	ESG report for IHC

Dear stakeholders,

I am delighted to present our first sustainability report, which highlights our

commitment to environmental, social, and governance (ESG) principles.

Our company was founded in the year 2005

with the vision of providing high-quality

logistics services to our customers. Over the

years, we have grown to become a leading provider of heavy lift crane rental and transportation service provider in the MENA region. We attribute our success to the dedication, commitment, hard work of our employees, and support extended by our customers and the stakeholders. We have always believed in attaining sustainable growth

and while delivering a continually improved

services and innovative value addition to our

customers.

We have increased our focus on continuous improvement, innovation and

sustainability in all the key areas of our corporate functioning including,

activities such as safety of our workforce, hiring local manpower, providing

intensive training to local graduates, safety and equipment maintenance to the international standards.

The COVID-19 pandemic has exposed the importance of health of our staff to be able to achieve sustainability in growth and other social and business parameters. In 2023, we began the sustainability journey by stakeholder engagement process, materiality assessment and reporting of our current impacts. As we go ahead in 2024, we will develop a new ESG strategy framework that will guide our efforts to create a more sustainable future.

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CEO's message Contd.	ESG report for IHC

We first initiated the stakeholder engagement process to understand our stakeholder concerns. This report is our first

attempt to show our stakeholders our commitment to integrate ESG principles into our strategy.

We hope to reach out to our government regulators and initiate a dialogue about IHC's capabilities to support environmental projects in Kuwait. We are committed to working for a sustainable future for Kuwait and would request the government to develop regulations that support the adoption of

sustainable practices by businesses.

Our commitment to improving our customers' experience has

made our brand synonymous with trust, quality and reliability.

We are well-poised to capitalize on the emerging opportunities.

We welcome the ESG disclosure guide provided by Boursa Kuwait, and used this guide as our first step into the sustainability reporting process for IHC and its subsidiary companies in Kuwait, We are proud of the government's initiatives to encourage sustainability reporting for all listed companies in Kuwait, and hope to work together to build a sustainable future for Kuwait.

Backed by our robust business model, we are looking to

expand our operations and increase our value proposition

significantly in the coming years. As a continuously evolving heavy lift and logistics industry, we are committed to meeting the needs of our customers, contractors, and business partners.

We are committed to continuous improvement and working

with our stakeholders to create a robust sustainable future.

Thank you for your support.

Jassim Mustafa Boodai

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HSE Manager's message	ESG report for IHC

As we embark on our very first sustainability report at Integrated, we take great pride in highlighting our journey and accomplishments in health, safety, and sustainability. At Integrated, the Health, Safety, Environment, and Sustainability (HSE&S) is the core value embedded in every aspect of our operations.

Our commitment to sustainable development begins with the safety and security of our employees, customers, contractors, stakeholders, and communities.

Over the years, we have made significant strides in managing risks and enhancing performance. Our HSE&S Division works tirelessly to monitor and mitigate risks, supported by various teams that bring together expertise and experience to ensure the highest standards of safety and sustainability are upheld.

As we move forward, we are committed to expanding our focus beyond safety to encompass broader sustainability goals. We are excited to explore new avenues to enhance our environmental performance, promote social responsibility, and contribute a sustainable future for all.

We are looking forward to 2024 to a year full of possibilities and achievements for a sustainable future

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Report at a glance	ESG report for IHC

IHC is proud to present its first ever sustainability report to our stakeholders. This report highlights our environmental, social and economic performance during the reporting for the year 2023.

This report focuses on the company's sustainability performance in the past. The scope of the report is limited to the stakeholder engagement process, materiality assessment, the impacts created during the FY 2023, as well as the ESG highlights of the past years.

We have used the ESG metrics provided in the reporting guide provided by Boursa Kuwait. This report has been prepared in referencing the GRI framework, and we have aligned our indicators according to it.

We recognize that sustainability is essential to our long-term success and to the well-being of our stakeholders. This report provides an overview of our sustainability performance in 2023 and outlines our goals for the future.

Stakeholders Engaged

Employees	Support
at
operations,	Staff &
sites,	supervisors
workshop

Government

Customers regulatory bodies

Suppliers Shareholders

andand

vendors investors

Financial Local

Institutions community

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STAKEHOLDER ENGAGEMENT SYSTEM	ESG report for IHC

Each stakeholder group was meticulously identified, and tailored questions to address their unique interests and concerns with an active participation of our senior management.

Employees were categorized into support staff, operational managers, head office personnel and others allowing for related relevant questions dedicated to each subgroup.

.

For our support staff , questions centered around safety, working conditions, and training opportunities, recognizing their pivotal role in our operations. Customer queries focused on our environmental and social impacts, reflecting their growing concern for sustainability practices. Investors, keen on governance practices and financial performance, were engaged with questions pertinent to their interests.

Through this comprehensive stakeholder engagement exercise, we strive to foster meaningful dialogue,

strengthen relationships, and drive positive change across our operations.

ENGAGEMENT PROCESS	ESG report for IHC

The stakeholder engagement process was meticulously executed, ensuring inclusivity and fairness for all participants. A random sampling method was employed, ensuring that every employee had an equal chance to participate.

For our dedicated support staff, surveys were distributed through line managers,

ensuring that each employee selected at random had the opportunity to provide their feedback. The questions were thoughtfully crafted to be easily understood, catering to employees of all educational backgrounds and job roles.

To maximize participation, surveys were scheduled during on-site hours, ensuring that employees were present. A compliance officer oversaw the process, ensuring adherence to the survey schedule and location.

For stakeholders outside the support staff category, surveys were distributed using Google Forms. Each individual received a personalized survey link via Google Drive,

allowing them to fill out the survey at their convenience before the deadline.