In an unprecedented step to entrench a culture of social responsibility of companies and sustainability in their development strategies for the various economic sectors, the Council of Saudi Chambers launched the program "Companies Sustainability" to meet the needs of the community and business sectors of developing programs, find regulatory frameworks and prepare appropriate environment for the application of best practices in social responsibility and sustainability fields in business sectors in the Kingdom.
According to the Director General of the productive sector in the Council of Chambers Mr. Abdul-Malik al-Sulaiman, the program "Companies Sustainability" consists of (5) axes of work and includes an integrated long-term plan for activating the role of companies in the development and its real contribution to activate the role of the private sector in the system of national development through the development of indicators and standards for companies for each sector. Also, to create jobs, qualify and train Saudi competencies, make successful models as well as review the policies, laws and government regulations for all economic sectors to stimulate the companies in this field.
To implement the program, Council of Saudi Chambers signed a contract with Tamkeen Company for Sustainable Solutions as a strategic partner and director of the project, which extends to nearly two years.
Al-Suleiman added that in the framework of the Council's role and its interest in serving the private sector and providing solutions that help it to carry out perfectly its developing and social role, and under its tireless efforts to achieve these trends and strengthen its role in stimulating the private sector to adopt various initiatives, this ambitious program has been launched to help the Saudi private sector facilities to activate its national and developing role and maintain the gains of the private sector and its sustainability.
For its part, CEO of Tamkeen Company, Ms. Asia bint Abdullah Al-Sheikh clarified that this program is solution for many challenges of the private sector in this area that needs t empowerment, support and motivation in order to activate its role in development and developing its work. The sustainability of companies is one of concepts resulting from the concept of social responsibility for the companies.
She said that the adopting of Council of Chambers for this important national project for the present and future generations and maintaining the gains of development and what its role will undertake to consolidate and coordinate efforts to achieve the concepts of the developing sustainability of companies and its social responsibility , hopes are still focused on interaction of private sector enterprises with this project in order to achieve its objectives.