Our environmental, social, and governance best practices are implemented in our daily operations to positively impact our businesses and country. We are committed to being responsible investors by finding new ways to preserve the environment and inspire the well-being and growth of the community.
We capitalize on potential and thus support the younger Saudi generation in honing their skills so that they can become the leaders of tomorrow with integrity and unmatched expertise.
Internally, we are encouraging our partners and portfolio businesses to suggest ideas that would allow us, as a collective, to operate more efficiently and sustainably—reducing our environmental impact. We believe that we have a moral responsibility to prioritize ESG. However, these initiatives also make for an appealing investment environment—attracting more investors and maximizing financial returns.
We actively focus on the health and safety of our employees in the workplace, implementing best practice. We proactively find and implement new ideas to reduce workplace stress and injuries, for example implementing remotely operated quay cranes. We have ensured at our staff are remunerated appropriately and that no discrimination present in our hiring and employment practices. Our CSR programs are designed to deliver measurable impact in the communities we work with, from support of local charities to partnering with medical institution to bring free basic care to communities and organising blood donation drives.
To ensure policy governance, fairness, transparency, and quality assurance, our board has created four committees: the Audit Committee, the Investment Committee, the Nomination & Remuneration Committee, and the Risk & Sustainability Committee. Each committee contains board members and independent experts. They have all been given different responsibilities but share the same goal: to act in alignment with our investment strategy and the stakeholders’ best interests.