Press Release
Sustainability Knowledge Group supports Savola Group with GRI Sustainability Report and the new Saudi National Sustainability Reporting Standards.
Sustainability Knowledge Group has been appointed by SAVOLA GROUP to consult on the development of the 6th Sustainability Report of the Group. The 2019 Sustainability Report is aligned with the newly developed Saudi National Sustainability Reporting Standards, which were recently announced by the Ministry of Commerce, making Savola the first organization in Saudi Arabia to adopt these Standards in its Sustainability Report. The Report is also developed according to the GRI Reporting Standards, is linked to the Saudi Vision pillars and presents a detailed analysis of the Materiality process.
The 2019 Sustainability Report covers the sustainability strategy, approach, priorities, activities, performance and achievements of the Group’s operating companies within the Kingdom of Saudi Arabia, including Panda Retail Company, Afia International Company, United Sugar Company, International Food Industries (IFI) and the Group’s Headquarters (HQ).
Savola Group is one of the leading strategic investment holding Groups in the food and retail sectors across the Middle East, North Africa and Turkey (MENAT) Region. Throughout 40 years of excellence, Savola maintains a diverse and expanding portfolio of assets. Across the verticals in food and retail, Savola operates the largest retail store chain in Saudi Arabia and produces much-loved everyday household products including edible oil, sugar, pasta, bakery products and frozen foods distributed to more than 50 countries.
The Sustainability Report is downloadable at the links below:
Arabic:
https://www.savola.com/docs/default-source/publications/savola-sustainability-report-2019_ar.pdf
English:
https://www.savola.com/docs/default-source/publications/savola-sustainability-report-2019_eng.pdf