18 Shawwal 1445 - 27 April 2024
    
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Eye of Riyadh
Business & Money | Monday 25 March, 2019 10:52 am |
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Sipchem Signs CSR Food-Preservation Agreements with Etaam

Under the patronage and presence of His Royal Highness Prince Saud bin Nayef bin Abdul Aziz, Governor of the Eastern Region, and as a part of Sipchem's efforts to enhance its role in the community, the CEO Eng. Abdullah Al Saadoon signed an agreement with the Saudi Food Bank (Etaam) to reflect the company’s strategy in adopting sustainable strategic projects.

 

Sipchem, through this agreement, aims at supporting the food provision activities and persevering food through two projects: the first is that Sipchem shall sponsor the food transportation and distribution and the second is to sponsor the development process on a specialized software application that helps the processes of receiving donations in addition to developing Etaam’s website.

 

Sipchem’s CEO, Eng. Abdullah Al-Saadoon, said: "Sipchem is keen to support Etaam’s activities as it believes in the importance of reducing the food waste as this behavior is notably increasing in the gulf area compared with the developed countries as revealed by some studies"

 

Al Saadoon stressed that: "Sipchem, through its strategy to support CSR activities, is keen to sponsor the sustainable projects, particularly the company allocated 1% of our annual profits as a budget for corporate social responsibility (CSR) projects to enhance the Kingdom’s efforts to support such programs as part of its vision 2030.

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