Harith Development Impact Report 2020

About this report 

Our approach to managing our development impact 

The development impact generated by our investee companies results from a combination of what the company does – its products and services – and how it operates – its sustainability practices. Part of Harith’s mandate is driving infrastructure development for improvement of community services and sustainable economic growth. We only invest in projects that have an expected positive net impact on society. We actively contribute to the sustainability of our investee companies as we believe sustainable businesses generate positive environmental and social impact both directly and indirectly. We are committed to monitoring the impact of the projects on the communities and physical environment in which they operate. Our impact measurement activities, in turn, feed into our knowledge base and organisational practices, enhancing our ability to identify opportunities, constraints, impacts and social risks. In addition to having positive environmental and social impact, we expect our investments to yield a financial return. When businesses are well run and successful, they are also better equipped to meet their sustainability commitments. 

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