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Advanced Technology

شركة التقدم التكنولوجي
B RatingHealthcare & PharmaMain Market Health Care2024 Assessment
www.atc.com.kwMSM v1.5· 154 Criteria
52.2First Assessment2024
B
Mnakh Rating
52.2
/ 100
Environmental25%
4.15
42% achievement · 4 subcategories
Contributes 10.38 / 25
Social45%
5.90
59% achievement · 5 subcategories
Contributes 26.55 / 45
Governance30%
5.25
53% achievement · 5 subcategories
Contributes 15.75 / 30
B · 52.2
D
0–29.99
C
30–39.99
CCC
40–49.99
B
50–59.99
BB
60–64.99
BBB
65–69.99
A
70–74.99
A+
75–79.99
AA
80–84.99
AA+
85–89.9
AAA
90–94.99
AAA+
95–100
Sector Rank
#1 / 1
/ 1 · Healthcare & Pharma
Overall Rank
#33
of 46 assessed
Strongest Pillar
S 5.90
Social · 59%
R&C Deduction
-0.50
Controversies applied
Sector Peers — Healthcare & PharmaTop 1 of 1
1
Advanced Technology
52.2
B
Key Findings

Executive Summary

Advanced Technology Company K.S.C.P. demonstrates strong performance in workplace safety and business ethics, achieving zero workplace incidents and maintaining ISO 45001 certification while ensuring 100% workforce compliance with anti-corruption policies. The company has established a solid foundation for ESG reporting with its inaugural 2024 sustainability report aligned with GRI Standards, though it faces significant gaps in environmental management and supply chain oversight. With total GHG emissions of 4,791.7 mtCO₂e and limited climate risk frameworks, ATC has substantial opportunities to strengthen its environmental performance while building on its excellent safety record and ethical business practices.

Strengths

Exceptional workplace safety performance with zero work-related injuries or fatalities reported, supported by ISO 45001:2018 certification and comprehensive health insurance covering medical, dental, and vision for all full-time employees.
Robust business ethics framework with 100% workforce certification in anti-corruption policies, zero incidents of corruption or bribery, and a comprehensive whistleblower policy providing confidential reporting mechanisms with retaliation protections.
Strong community engagement through health-focused initiatives including free health screenings, blood donation drives, and educational programs, complemented by significant financial contributions totaling KWD 132,181 (~USD 435,600) across KFAS, National Labor Support Tax, and Zakat.

Areas for Improvement

Limited environmental management capabilities with no Scope 3 emissions reporting, absence of renewable energy usage, no water recycling systems, and lack of quantitative waste diversion data despite having 4,791.7 mtCO₂e total emissions.
Inadequate climate risk management framework lacking formal TCFD alignment, climate scenario analysis, Board-level climate oversight, and quantified climate risk mitigation investments despite having an Enterprise Risk Management system.
Underdeveloped supply chain sustainability practices with no formal supplier environmental or social assessments, no required Supplier Code of Conduct certifications, and plans to implement supplier screening only in future reporting cycles.
Performance Overview
Subcategory Radar
14subcategories · 0–10
E1E2E3E4S1S2S3S4S5G1G2G3G4G5
Pillar Contribution
of 52.18 total
52.2
Total
Environmental
10.38 / 25 · 19.9%
Social
26.55 / 45 · 50.9%
Governance
15.75 / 30 · 30.2%
Subcategory Treemap
Size = weight · Color = pillar
S16
Community Investment & · W:13.5
S35.5
Diversity, Inclusion & · W:13.5
E14.5
Carbon Emissions Reduction · W:10
S28
Workplace Well-being & · W:9
G16.5
Transparency & ESG · W:9
E25
Energy Efficiency & · W:7.5
G25.5
Compliance with ESG · W:6
G33
Sustainable Finance & · W:6
G44
Board Diversity & · W:6
E33.5
Climate Change Adaptation · W:5
S46.5
Education & Sustainability · W:4.5
S52
Sustainable Supply Chain · W:4.5
G58
Ethics & Anti-Corruption · W:3
E43
Water & Waste · W:2.5
Pillar Details
4.15
out of 10
Achievement42%
Contribution10.38 / 25
Weight25%
Subcategories4
E1
Carbon Emissions Reduction
4.5
/10
Weight: 10
45% achievement
E2
Energy Efficiency & Renewable Energy
5
/10
Weight: 7.5
50% achievement
E3
Climate Change Adaptation
3.5
/10
Weight: 5
35% achievement
E4
Water & Waste Management
3
/10
Weight: 2.5
30% achievement
Score Calculation
1
Pillar Scores
E: 4.15
S: 5.90
G: 5.25
Weighted averages (0\u201310)
2
Apply Weights
52.68
(4.15×2.5)+(5.90×4.5)+(5.25×3)
E:25% S:45% G:30%
3
R&C Deduction
−0.50
Controversies applied
4
Final Score
52.18
Range: 50–59.99
★
Rating
B
Mnakh Index Rating
ESG Activities

No Activities Yet

ESG activities for this company will appear here once tracked.

Methodology: MSM v1.5 · 154 CriteriaAssessment: 2024Weights: E:25% · S:45% · G:30%