SEDCO Holding Group Scoops 2015 CSR Saudi Arabia Award

 In recognition of the impactful results of ‘Riyali’, SEDCO Holding Group was granted the “Best CSR Impact Initiative” award at the CSR Saudi Arabia 2015 Summit.

Held in partnership with the Jeddah Chamber of Commerce and Industry, the Summit runs and addresses innovative strategies including real social ROI cases showcasing their valuable benefit for the Saudi society.

Senior representatives from ministries, companies, governmental and private authorities, charity organizations, in addition to universities and SMEs. The CSR Summit shed light on the emerging topics and compelling challenges that both the public and private sectors face in achieving sustainable development. It also offers companies a fully integrated vision on corporate social responsibility.

Mr. Anees Moumina, the CEO of SEDCO Holding Group believes that CSR must be an integral component of any company’s structure when aiming for sustainability.  Companies will benefit from aligning their CSR plans with long-term strategies. Encouraging a corporate framework that embeds a CSR practice motivates partnerships with other stakeholders, and inspires higher levels of interactivity, thus bridging gaps and rewarding everyone in the society.

This is the second win for the SEDCO Holding Group. Commenting on it Amr Banaja, VP of Corporate Communications and Marketing, expressed the Group’s pride: “winning a second CSR Saudi Arabia award, and in the ‘impact’ category specifically, reaffirms the need for financial literacy. It is part of the Group’s DNA to create and sustain change in our society. I’m also proud to say that we launched this November the Riyali E-Learning System, making it accessible to the public.” 

The Riyali Financial Literacy Program raises financial awareness and aims to familiarize members of the community with financial planning and management in order to meet their personal financial responsibilities and to empower them with the personal financial skills required to achieve a desirable standard of living.