Combined Group Contracting

Combined Group Contracting's first standalone ESG report demonstrates strong, externally certified occupational health and safety performance (ISO 45001, zero fatalities, multiple external safety awards), which is its clear standout pillar and particularly material for a construction/contracting business. Environmental disclosure is at an early stage: the company reports detailed single-year energy, fuel, water, and waste activity data and holds ISO 14001 certification, but it does not convert energy data into a GHG inventory, set reduction targets, or address climate risk via TCFD or scenario analysis. Governance shows a solid regulatory-compliance foundation (CMA/Boursa alignment, four ISO certifications, zero violations, full committee structure) but is held back by limited board independence (~22%), no valid 2025 female board representation, and the absence of formal ethics infrastructure such as a code of conduct, anti-corruption policy, or whistleblowing mechanism. Social performance beyond safety is moderate, with extensive training/awareness activity and several SDG-linked community programs, but no monetary investment data, demographic breakdowns, or impact measurement. Overall, the company has built a credible operational and compliance base but needs to mature its disclosure with quantified targets, formal policies, and independent assurance.