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Saudi Basic Industries Corporation (SABIC) received the 2014 GCC-CSR Award for being the best performing corporate social responsibility (CSR) company in the Gulf region, reflecting the company’s long experience in community service and its commitment to conduct business ethically.
The award was presented to SABIC during the Second GCC-Corporate Social Responsibility Conference 2014 in Abu Dhabi on April 1, with the support of Sheikha Fatmah bint Mubarak, chairperson of the General Women's Union and Supreme Chairperson of the Family Development Foundation. Sheikh Nahyan bin Mubarak Al-Nahyan, minister of culture, youth, and social development, opened the conference.
SABIC Vice Chairman and CEO Mohamed Al-Mady expressed his pride over this recognition, especially because SABIC is the only GCC company that has won the recognition at the conference. He stated that SABIC follows a committed CSR strategy to serve the communities in which it operates.
SABIC pursues this commitment as a social organization while being a successful manufacturing company, he said. The company has set several programs to develop the community and improve living conditions, besides initiatives to protect the environment and natural resources, and integrate the concept of sustainability in all its operations.
Yaroob Al-Thenayan, director, CSR, received the award on behalf of SABIC in the presence of a host of dignitaries and special interest CSR groups from the region and around the world. Al-Thenayan also participated in organizing the opening session, which discussed future trends in CSR.
The GCC-CSR Conference launched the CSR Award for the first time in 2013. The award is presented to the best performing GCC company in terms of its CSR achievements, performance excellence, and the positive impact — all judged by a special award committee.