Mataf nearly empty as entry to Makkah restricted to Hajj visa holders    Cinema revenues account for SR845.6 million in 2024 17 Saudi films among 504 films screened    Will US tariff hikes affect Saudi Arabia? Kingdom largely insulated as oil exports remain exempt and non-oil sectors gain a pricing edge    Expat arrested for immoral act at a massage center in Jazan    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Mawani and Alissa Universal Motors sign agreement worth SR300 million to establish Logistics Zone at King Abdulaziz Port in Dammam    Al-Khereiji at BRICS: Saudi Arabia a reliable and neutral partner in endeavors for de-escalating tensions    Saudi market shows resilience in Q1 2025 despite global volatility: Report    Saudi Arabia urges India and Pakistan to de-escalate tensions    Trump congratulates Canada's Carney as they agree to meet in 'near future'    Sánchez vows to uncover reasons behind massive Iberian power outage    Guterres warns two-state solution is 'near a point of no return'    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    4 Chinese nationals arrested in Makkah for promoting fake Hajj campaigns    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Rock & Roll Hall of Fame picks Outkast but not Oasis    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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.