Shuaiba Industrial

الشعيبة الصناعية
B RatingIndustrial ManufacturingMain Market Industrials2025 Assessment
www.sic-kwt.comMSM v2.1· 154 Criteria
46.9First Assessment2025
B
Mnakh Rating
46.9
/ 100
Environmental45%
4.60
46% achievement · 4 subcategories
Contributes 20.7 / 45
Social25%
4.90
49% achievement · 5 subcategories
Contributes 12.25 / 25
Governance30%
4.65
47% achievement · 5 subcategories
Contributes 13.95 / 30
B · 46.9
CC
0–29.99
CCC
30–39.99
B
40–49.99
BB
50–59.99
BBB
60–69.99
A
70–79.99
AA
80–89.99
AAA
90–100
Sector Rank
#4 / 7
/ 7 · Industrial Manufacturing
Overall Rank
#38
of 46 assessed
Strongest Pillar
S 4.90
Social · 49%
R&C Deduction
0.00
No controversies
Sector Peers — Industrial ManufacturingTop 5 of 7
1
Gulf Cables and Electrical Industries
67.8
BBB
2
Integrated Holding
65.3
BBB
3
Human Soft Holding
55.3
B
4
Shuaiba Industrial
46.9
B
5
Combined Group Contracting
39.5
CCC
Key Findings

Executive Summary

Shuaiba Industrial's first standalone GRI-based sustainability report demonstrates a credible foundation across governance and operational disclosure, with particular strengths in regulatory compliance (CMA, Boursa Kuwait, AAOIFI), independently assured Sharia governance, ISO 45001 certification for Dubai operations, and strong multi-year waste diversion (100% paper waste diverted). Environmental measurement is partial: Scope 1 emissions are only disclosed for Dubai operations, Scope 2/3 are not formally quantified, water consumption is entirely unmeasured, and no climate targets, base year, or TCFD framework exist. Social disclosure is solid on demographics and a formal anti-discrimination policy, but female workforce representation (3%) and board diversity (0%) are very weak, and training is low-intensity with no ESG-specific content. The company holds no sustainable finance products, with only a solar operating lease indicating limited ESG-linked financing. Overall, this is a competent first-year disclosure with strong governance and compliance anchors but material gaps in climate measurement, water management, quantified targets, diversity, and external assurance.

Strengths

Strong governance and compliance framework anchored in CMA Corporate Governance Rules, Boursa Kuwait, Kuwait Companies Law, and AAOIFI standards, with independent Sharia Supervisory Board reasonable assurance (ISAE 3000) and zero disclosed violations across corruption, competition, product safety, and privacy.
ISO 45001:2018 occupational health and safety certification for Dubai operations with documented safety training, incident tracking, and corrective-action processes covering all workers.
Robust circular-economy and waste management performance, including 100% diversion of paper waste across three years, FSC chain-of-custody sourcing, water-based inks, potato-starch glue, and ~17% on-site solar generation.

Areas for Improvement

Complete the GHG inventory by formally quantifying Scope 2 and Scope 3 emissions across all sites with a consistent methodology, defined base year, and quantitative reduction targets, and pursue external assurance.
Establish water management disclosure (withdrawal, consumption, discharge, recycling, intensity) which is currently entirely unmeasured, and set formal water and zero-waste reduction targets.
Strengthen diversity by setting quantified targets, increasing female workforce representation beyond 3%, adding female and independent directors (currently 0% women and ~20% independence), and disclosing pay equity analysis.
Performance Overview
Subcategory Radar
14subcategories · 0–10
E1E2E3E4S1S2S3S4S5G1G2G3G4G5
Pillar Contribution
of 46.90 total
46.9
Total
Environmental
20.7 / 45 · 44.1%
Social
12.25 / 25 · 26.1%
Governance
13.95 / 30 · 29.7%
Subcategory Treemap
Size = weight · Color = pillar
E13.5
Carbon Emissions Reduction · W:18
E26
Energy Efficiency & · W:13.5
E34.5
Climate Change Adaptation · W:9
G15
Transparency & ESG · W:9
S12.5
Community Investment & · W:7.5
S36
Diversity, Inclusion & · W:7.5
G26.5
Compliance with ESG · W:6
G32
Sustainable Finance & · W:6
G44.5
Board Diversity & · W:6
S26.5
Workplace Well-being & · W:5
E45
Water & Waste · W:4.5
G55.5
Ethics & Anti-Corruption · W:3
S44.5
Education & Sustainability · W:2.5
S56
Sustainable Supply Chain · W:2.5
Pillar Details
4.60
out of 10
Achievement46%
Contribution20.7 / 45
Weight45%
Subcategories4
E1
Carbon Emissions Reduction
3.5
/10
Weight: 18
35% achievement
E2
Energy Efficiency & Renewable Energy
6
/10
Weight: 13.5
60% achievement
E3
Climate Change Adaptation
4.5
/10
Weight: 9
45% achievement
E4
Water & Waste Management
5
/10
Weight: 4.5
50% achievement
Score Calculation
1
Pillar Scores
E: 4.60
S: 4.90
G: 4.65
Weighted averages (0\u201310)
2
Apply Weights
46.90
(4.60×4.5)+(4.90×2.5)+(4.65×3)
E:45% S:25% G:30%
3
R&C Deduction
0.00
No controversies
4
Final Score
46.90
Range: 40–49.99
Rating
B
Mnakh Index Rating
ESG Activities

No Activities Yet

ESG activities for this company will appear here once tracked.

Methodology: MSM v2.1 · 154 CriteriaAssessment: 2025Weights: E:45% · S:25% · G:30%