Sabic has been honoured by the GCC

TOP petrochemical company Sabic has received the 2014 GCC-CSR Award for being the best performing corporate social responsibility company in the Gulf region.

The honour reflected the company’s long experience in community service and its commitment to conducting business ethically, a statement accompanying the award announcement said.

The award was presented to the company during the Second GCC-Corporate Social Responsibility Conference held in Abu Dhabi at the beginning of April under the patronage of Sheikha Fatmah bint Mubarak, chairperson, General Women’s Union and supreme chairperson of the Family Development Foundation. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Culture, Youth, and Social Development, inaugurated the conference.

Mohamed Al Mady, Sabic vice chairman and CEO, expressed pride over the recognition. He said Sabic steadfastly follows a committed CSR strategy to serve communities in which it operates.

He further went on to say the company pursues this commitment as a social organisation while being a successful manufacturing company and that it had put several programmes in place to develop communities and improve living conditions. Simultaneously, it had launched 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 organising the conference’s opening session which discussed future trends in CSR.

The award is presented to the best performing GCC companies for the size of its CSR achievements, performance excellence, and positive impact – all judged by a special award committee. The conference is sponsored and organised by the Emirates Red Crescent, the Federation of the UAE Chambers of Commerce & Industry and the Executive Bureau for the Council of Ministers of Labor & Ministers of Social Affairs in GCC States.