Concept of giving back to the host community rapidly gaining traction in the business sector RIYADH: Gone are the days when the corporate world was solely associated with making money. The concept of giving back to the host community, known as corporate social responsibility, is rapidly gaining traction in the business sector. Today, companies strive to balance profitability with societal impact. CSR has become a fundamental principle for businesses of all sizes globally, and Saudi Arabia is no exception. Prominent examples like the Saudi Basic Industries Corp. and ROSHN, a leading real estate developer backed by the Public Investment Fund, epitomize this ethos, guiding the way with their pioneering CSR endeavors. Speaking to Arab News about its CSR initiatives, SABIC affirmed its long-established reputation for doing what is good for its business, its people, and various stakeholders, while also investing in the communities where it operates, creating social, environmental, and economic value. “Wherever we operate, we look to develop mutually beneficial partnerships with all of our stakeholders, with a sustainable approach that delivers lasting value, and innovative programs to meet community needs,” the company said. Global commitment SABIC added that this culture inspires its investments in CSR programs that create lasting, positive impacts throughout its global communities. “In 2015, we began our global CSR strategic tool, RAISE, to guide our approach to charitable donations, sponsorships, partnerships, and employee-volunteer programs. We use RAISE — Reputation, Audience, Innovation, Strategy, and Endurance — to select programs that elevate SABIC’s brand, address community needs, and promote our values,” it said. RAISE prioritizes four strategic focus areas: science and technology education, environmental protection, health and wellness, and water and sustainable agriculture, supporting SABIC’s 2025 strategy and Saudi Arabia’s Vision 2030. “The focus areas also promote nine of the UN’s SDGs, which are designed to address society’s most pressing needs by 2030,” the company clarified. The RAISE strategy is designed to maximize SABIC’s impact by developing and implementing innovative CSR initiatives and encouraging employee participation and volunteerism. In 2023, the company continued its global Back-to-School Initiative, reaching students across 10 countries and offering various programs to help students succeed in their daily schoolwork and achieve their ambitions. Education sector In 2019, SABIC launched its Global Initiative for Education and Innovation in partnership with Junior Achievement and INJAZ Saudi Arabia. Since then, the initiative has reached over 128,000 students globally. SABIC noted that its social initiatives aim to improve the quality of life in its communities, especially for the most disadvantaged members of society. HIGHLIGHT Providing examples of how SABIC’s CSR initiatives have positively impacted the communities surrounding its facilities, the company reported that in 2023, it invested in 121 global CSR programs, reaching over 338,000 people in 27 countries with the help of over 3,600 SABIC volunteers worldwide. Providing examples of how SABIC’s CSR initiatives have positively impacted the communities surrounding its facilities, the company reported that in 2023, it invested in 121 global CSR programs, reaching over 338,000 people in 27 countries with the help of over 3,600 SABIC volunteers worldwide. The company’s Global Environmental Protection Initiative continued this year across 10 countries with various programs aimed at sustaining Saudi marine life and addressing climate change and its global impact. “Managing water sources and sanitation goes hand in hand with ensuring better food and energy production. SABIC is working to end hunger, achieve food security, and improve nutrition by promoting sustainable agriculture,” the company said. Quality of life Responding to Arab News’ queries, Mohammed Ashour, ROSHN’s associate director of corporate social responsibility, said that the company is dedicated to enhancing the quality of life in the Kingdom through its endeavors. He said this commitment reflects the giant property developer’s core values of responsibility, empowerment, and sustainability, guiding its actions to positively impact society and uphold environmental stewardship. “These values are comprehensively reflected in our development projects from inception to construction and handover. Our destinations feature a holistic array of essential facilities, including education, healthcare, lifestyle amenities, and attractive green spaces that invite residents and visitors alike to engage with their communities and live healthy, fulfilling lifestyles,” he said. Ashour noted that his company designed the YUHYEEK CSR program for maximum impact by leveraging its giga-project scale and resources to revitalize Saudi communities within their developments and beyond. The Arabic word “Yuhyeek” means “to rejuvenate” or “revive” in English. ROSHN partners with transformative green initiatives, public health campaigns, and cultural programs that bring tangible change to local communities. “An example of this is our partnership with Ehsan, the National Platform for Charitable Work, through which we have donated over SR55 million (over $14.6 million) during the past two years, benefiting more than 47,000 people throughout the Kingdom,” he said. He added that YUHYEEK’s partnerships with Ehsan and Hayat Charitable Association have sponsored mobile health clinics and early detection schemes that are improving public health in the Kingdom’s Madinah region. Philanthropic pursuits Sharing insights into their philanthropic efforts and charitable activities, Ashour said that YUHYEEK’s efforts have five pillars: social development, environmental sustainability, education, public health, and arts and culture, achieved via strategic partnerships. Ashour emphasized another aspect of their work: the renovation of homes. To date, ROSHN has refurbished over 100 homes across the country, directly benefiting more than 700 citizens and significantly enhancing their quality of life. He added that their urban regeneration efforts include restoring and furnishing homes, raising the quality of life of hospitalized children and people with disabilities through visits and giveaways, and the provision of food baskets for those in need. “We are also deeply committed to the Saudi Green Initiative, and in partnership with Morooj, YUHYEEK has planted more than 25,000 mangrove trees in national reserves, and dozens of schools,” he said. Cultural impact When it comes to culture, Ashour emphasized: “We firmly believe that this can have a major impact on the public’s quality of life.” He added: “Our strategic partnership with the Ministry of Culture has led to ROSHN promoting and supporting flagship events such as the Diriyah Biennale Foundation, book fairs in Riyadh and Jeddah, Al-Bisht Al-Hasawi Festival, and the Kingdom’s first grand opera, Zarqa Al-Yamama.” He pointed out that the multifaceted nature of YUHYEEK and the values embodied in their developments make surrounding communities more vibrant, greener, and healthier while bolstering local economies. “For instance, our flagship SEDRA community and the ROSHN Front retail and lifestyle hub recently hosted the Tuwaiq Sculpture Symposium. Tuwaiq brings local and international artists to the Kingdom, reinforces Saudi heritage, and highlights Riyadh’s cultural scene,” he said. Ashour further added that they have cemented their partnership with the Zahra Breast Cancer Association by hosting the Zahra Awareness Walk at ROSHN Front to encourage awareness of the early detection program, affirming that their destinations and events are open to all. He noted that YUHYEEK educational partnerships provide scholarships, skills training, and special needs support services. On the public health front, they actively sponsor mobile health clinics and breast cancer awareness campaigns, and provide dialysis machines, with more than 11,000 beneficiaries to date. The CSR associate director said that ROSHN now operates six community sites where comprehensive access services are available for people with disabilities. “Across the Kingdom, more than 22,000 people have benefited from our sponsorship of mobile health clinics. YUHYEEK has also facilitated skills training for more than 300 students, equipping them for the labor market. In total, we estimate more than 341,000 people have accessed our health, education, social, and cultural services, and this number is expected to increase exponentially as ROSHN continues to diversify into building world-class public and private healthcare facilities locally and regionally,” he added. Promoting sports Ashour underscored his company’s sponsorship efforts in the Kingdom’s sports sector, citing examples such as backing the ROSHN Saudi League in football, supporting the Formula One Grand Prix, and collaborating with LIV Golf to draw elite golfers to the Kingdom. Looking ahead, Ashour concluded that the company is expanding its CSR reach and will continue to bring world-class events and services to the Kingdom. “Our inclusive CSR approach, embracing all aspects of well-being, ensures that everyone is lifted by our efforts to achieve the vibrant society envisaged by Saudi Vision 2030,” he said.