Trolley General Trading

ترولي للتجارة العامة
CC RatingRetail & ConsumerPremier Market Consumer Discretionary2025 Assessment
www.trolley.com.kwLinkedInXInstagramMSM v2.1· 154 Criteria
28.7First Assessment2025
CC
Mnakh Rating
28.7
/ 100
Environmental30%
2.15
22% achievement · 4 subcategories
Contributes 6.45 / 30
Social40%
3.20
32% achievement · 5 subcategories
Contributes 12.8 / 40
Governance30%
3.15
32% achievement · 5 subcategories
Contributes 9.45 / 30
CC · 28.7
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
#6 / 6
/ 6 · Retail & Consumer
Overall Rank
#46
of 46 assessed
Strongest Pillar
S 3.20
Social · 32%
R&C Deduction
0.00
No controversies
Sector Peers — Retail & ConsumerTop 5 of 6
1
Jazeera Airways
72.6
A
2
Ali Alghanim & Sons
61.4
BB
3
Mezzan Holding
57.4
BB
4
Oula Fuel Marketing
48.5
B
5
IFA Hotels & Resorts
47.5
B
Key Findings

Executive Summary

Trolley General Trading, a Kuwaiti retail company newly listed on Boursa Kuwait in March 2026, has published its first-ever ESG report, marking an early but genuine step toward structured sustainability disclosure. The company's strongest performance is in governance ethics (Code of Conduct with 100% workforce certification, whistleblowing policy, and zero reported incidents) and workforce diversity (gender breakdown by level, equal pay, and nationalization data). Environmental disclosure remains at an early stage, limited to a single-year water figure, quantified plastic-reduction and avoided-emissions initiatives, and smart power metering, with no GHG inventory, energy consumption data, or climate risk framework. Social and governance foundations are being formalized post-listing, but the report lacks framework alignment (GRI/SASB/TCFD), external assurance, completed materiality assessment, sustainable finance activity, and detailed board composition. Overall, Trolley demonstrates a credible first-year ESG baseline with clear room to mature its data systems, targets, and third-party verification.

Strengths

Strong ethics and compliance foundation: Code of Professional and Ethical Conduct plus Whistleblowing Policy with 100% workforce code-compliance certification and zero compliance, whistleblowing, or anti-corruption incidents.
Solid workforce diversity disclosure: gender representation at both workforce (18%) and senior/executive (13%) levels, equal gender pay, and Kuwaiti nationalization (3.2%) reported.
Regulatory foundation and clean compliance record: Boursa Kuwait listing with a formalized Board and committee structure and zero regulatory penalties or material legal cases.

Areas for Improvement

Establish a formal GHG inventory (Scope 1, 2, and eventually 3) with baselines, reduction targets, and external verification, and disclose actual energy consumption and intensity metrics beyond smart-meter monitoring.
Adopt a recognized reporting framework (GRI/SASB/TCFD), complete a materiality assessment, and pursue external assurance; also develop climate risk assessment and TCFD-aligned adaptation planning.
Formalize supply chain ESG (supplier code of conduct, ESG screening, local procurement percentages) and enhance board transparency (independence percentages, female director representation, named committees, and board evaluation).
Performance Overview
Subcategory Radar
14subcategories · 0–10
E1E2E3E4S1S2S3S4S5G1G2G3G4G5
Pillar Contribution
of 28.70 total
28.7
Total
Environmental
6.45 / 30 · 22.5%
Social
12.8 / 40 · 44.6%
Governance
9.45 / 30 · 32.9%
Subcategory Treemap
Size = weight · Color = pillar
E12
Carbon Emissions Reduction · W:12
S11.5
Community Investment & · W:12
S35
Diversity, Inclusion & · W:12
E22.5
Energy Efficiency & · W:9
G13
Transparency & ESG · W:9
S23
Workplace Well-being & · W:8
E31
Climate Change Adaptation · W:6
G25
Compliance with ESG · W:6
G30.5
Sustainable Finance & · W:6
G42.5
Board Diversity & · W:6
S44
Education & Sustainability · W:4
S52.5
Sustainable Supply Chain · W:4
E44
Water & Waste · W:3
G56.5
Ethics & Anti-Corruption · W:3
Pillar Details
2.15
out of 10
Achievement22%
Contribution6.45 / 30
Weight30%
Subcategories4
E1
Carbon Emissions Reduction
2
/10
Weight: 12
20% achievement
E2
Energy Efficiency & Renewable Energy
2.5
/10
Weight: 9
25% achievement
E3
Climate Change Adaptation
1
/10
Weight: 6
10% achievement
E4
Water & Waste Management
4
/10
Weight: 3
40% achievement
Score Calculation
1
Pillar Scores
E: 2.15
S: 3.20
G: 3.15
Weighted averages (0\u201310)
2
Apply Weights
28.70
(2.15×3)+(3.20×4)+(3.15×3)
E:30% S:40% G:30%
3
R&C Deduction
0.00
No controversies
4
Final Score
28.70
Range: 0–29.99
Rating
CC
Mnakh Index Rating
ESG Activities
Activity Summary
1 activities in 2026
Environmental
0
Social
1
Governance
0

Recent Activities

View all →
SS125 Jul 2026

Trolley Recommends Contribution to Kuwait Emergency Response Fund

On 25 July 2026, Trolley General Trading (Trolley) announced that its Board of Directors approved recommending a USD 3 million contribution to the Kuwait Emergency Response Fund, a national initiative to strengthen emergency preparedness and community resilience. The contribution will be presented to shareholders for approval at the company's Ordinary General Assembly.

USD 3 million Proposed contribution
Kuwait Emergency Response Fund
Methodology: MSM v2.1 · 154 CriteriaAssessment: 2025Weights: E:30% · S:40% · G:30%