Oct.28, 2024

Al-Fozan Holding Wins 5 Awards in Social Responsibility

Al Fozan Social Foundation - Awards

Al-Fozan Holding was honored with five awards at the inaugural ceremony of the Corporate Social Responsibility Award 2024, held under the patronage of His Excellency the Minister of Human Resources and Social Development, Eng. Ahmed bin Sulaiman Al-Rajhi. The ceremony was themed “From Commitment to Impact.”

This recognition highlights the deep-rooted values that Al-Fozan Holding upholds toward society and reinforces the promotion of social responsibility practices through the initiatives of the “Al-Fozan Community Service” program.

1,758 companies competed for the award across two different tracks: the first focused on social responsibility practices, and the second revolved around companies’ contributions listed on the National Platform for Social Responsibility.

the sizes of companies registered on the platform varied, according to the General Authority for Small and Medium Enterprises classification, including 71 giant corporations, 201 major companies, 595 medium-sized companies, and 891 small companies.

According to the award criteria, nominees were evaluated by a specialized committee using international standards, analyzing company data from the National Platform for Social Responsibility, and following specific procedures for each track.

The award aims to celebrate private sector companies and institutions with outstanding social responsibility performance for the current year. It is one of the initiatives by the Ministry of Human Resources and Social Development to honor the efforts and practices of distinguished companies across various tracks and encourage them to implement exemplary practical models to enhance competitiveness.

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