Minister of State for Foreign Affairs Meets with Deputy Speaker of National Assembly of Hungary    Minister of State for Foreign Affairs Meets with Hungarian Foreign Minister    OPEC Basket Price Stood, at $63.26    World Economic Forum embraces Saudi Café    Wall Street Closing    Details of Saudi Tour 2020 for bicycles announced    SAGIA and UNCTAD Announce Global FDI Summit in Riyadh    Minister of State for Foreign Affairs Meets with Omani Minister Responsible for Foreign Affairs    Minister of Hajj and Umrah Meets with Deputy Speaker of the People's Representative Council of Indonesia    KSrelief Supervisor General Meets UN Coordinator in Saudi Arabia    Saudi Foreign Minister Meets Hong Kong's Secretary for Commerce and Economic Development    GCC Standardization Organization Announces 2020 Training Plan    SAGO Issues Tender to Import 900,000 Tons of Feed Barley    Saudi Arabia's Olympic Football Team Qualifies for Tokyo 2020    KSA Olympics Football Team Tops Second Group in AFC U-23 Championship    Saudi National Futsal Team Arrives in Spain    Red Sea International Film Festival Opens Accreditation    Saudi Arabia Creates the Future of Art with Artathon Competition that Merges Artistic Creativity with Artificial Intelligence    Red Sea International Film Festival Shows Rare Films of Late Saudi photographer Safouh Nomani    Saudi CDC Signs Agreement with Swedish Public Health Agency    Custodian of the Two Holy Mosques Addresses Citizens and Muslims on Eid Al-Fitr    Custodian of Two Holy Mosques addresses Citizens and Muslims on the Advent of Holy Month of Ramadan    Ministry of Hajj and Umrah Launches Awareness Message on Sacrifice Day    Custodian of Two Holy Mosques addresses the Saudi people and Islamic nation on the blessed Eid Al-Fitr    Newcastle Beat West Ham 3-0 for their first Win of the Season    Mourinho insists Ibrahimovic must be good enough for Manchester United    Reforms have saved the economy from possible recession, say analysts    The King and Crown Prince congratulates Moldova's President    More than 1,5 million pilgrims arrive in Saudi Arabia, so far    MWL allocates SR 7 million for Eid sacrifice project in 47 countries    Saudi Campaign provides educational and training services for Syrians in Al-Za'tari camp    Saudi student goes missing in Kentucky, US    Harvey lashes Texas US coast with high wind, torrential rain    North Korea tests short-range missiles as South Korea, US conduct drills    Samsung leader Jay Y. Lee given five-year jail sentence for bribery    Known days    "MODON" Signs MoU with Chinese Goldwind Company for wind-turbines manufacturing in the Kingdom    Flyadeal, Saudi Arabia's new low-cost airline, scheduled to launch on September 23, reports    Mastercard launches Masterpass in the Kingdom of Saudi Arabia    Honda among 27 Japan players named for World Cup qualifiers    Joker, Harley Quinn movie in works with 'Crazy Stupid Love' filmmakers    Madhuri Dixit to venture into Marathi films as a producer    Consumers warned against using some brands of face powder, hair products    How 'GOT' makers made the frozen lake in 'Beyond the Wall'    Shraddha Kapoor wants people to help the needy    Neymar targets improvement after phenomenal home debut    Politicizing the pilgrimage    Rakhi 2017: "Bond of Love" between a brother and his sister    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Saudi Index Consultation Council for Responsible Competitiveness unveiled
Published in The Saudi Gazette on 30 - 05 - 2012

Saudi Arabia will have the Saudi Index Consultation Council for Responsible Competitiveness in the Corporate Social Responsibility of Companies operating in the Kingdom to help create responsible competition among companies in providing CSR programs, deputy governor and chief operating officer at the Saudi Arabian General Investment Authority Ali Sheneamer said Tuesday.
He said CSR started on donation level, then turned into development programs that follows strategies which he hoped will be implemented in the Kingdom.
Sheneamer said the authority has conducted a survey and 62 percent of participants believe that CSR is essential in building trust among companies and consumers, while 56 are attracted to companies because of their CSR programs. According to the study, 60 percent of employees become more productive in companies that provide CSR programs.
Asked if they have any plans to use Zakah in CSR, he said Zakah falls under the responsibility of the ministry finance and goes to social security programs. On the use of companies for their CSR to promote for their companies and create public relations for them, Sheneamer said consumers are now more aware and can identify campaigns and CSR that is meant to promote only and those that hopes for advancing CSR development projects.
Companies in the Kingdom still are not aware completely of the importance of corporate social responsibility programs and their role in advancing the development of individuals and societies, the secretary general of King Khalid Award Riyad Al-Abdulkrim said. He told the Saudi Gazette that companies are not aware of the role that the General Investment Authority can play in increasing competition among them in CSR programs.
There is a need to create a commission that organizes the CSR programs, said Al-Abdulkrim and added "all SCR should be under one umbrella. All efforts played by companies in this regard now go separate. We should unify efforts so they don't go unrecognized." In this context he called for more workshops, forums and programs that would increase the awareness among companies on the importance of CSR programs.
The Saudi CSR was inaugurated Tuesday at Park Hayat under the patronage of Prince Mishal Bin Majid, Governor of Jeddah. The two- day event is organized by the Jeddah Chamber of Commerce and Industry and Al-Iktissad Wal-Aamal.
Officials and specialists who attended the event were over 600.Ahmad Al-Hamdan the head of the CSR Center at JCCI announced the JCCI prize for Jeddah CSR that aims at highlighting the best CSR programs in the kingdom based on objective measures.
Al-Hamdan said the forum is part of their efforts to expand their activities to increase awareness about the culture of CSR.
Their center has called for an initiative to make Jeddah easy for disabled people by making all building and places capable of welcoming them and also by easing their transportation. There programs he said also help the productive families and stress on work ethics, he added.
Faisal , deputy CEO of Al-Iktissad Wal-Aamal, said some Saudi companies have succeeded in providing successful models in CSR not only in Saudi but also in the region. "Investments should be directed towards social issues that are of national priority. Here comes the necessity of collaboration between the private and public sectors," he added. __


Clic here to read the story from its source.