In the past years, we took the initiative of developing our Community Impact Framework to guide our future community investment programs. We followed a rigorous process, including benchmarking, materiality assessment, stakeholder engagement, and the development of focus areas.
Country Level | Community Level | Company Level |
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Topics of Importance to Saudi Arabia derived from Vison 2030 |
Topics addressed by community Partners |
Topics addressed by Alturki Holding |
Impact topics | |||||
1. Quality Education |
2. Vocational Training |
3. Empower youth |
4. Sustainable Jobs |
5. End Poverty |
6. SMEs |
7. SDG Partners |
8. Empower PWDs |
9. Health and Wellbeing |
10. Clean Energy |
11. Natural Resources Management |
12. Minimise Climate Change |
13. Empower Women |
14. Responsible Consumption / Production |
15. PPPs |
16. National Culture / Entertainment |
17. Support Tourism |
18. Sports Sector |
19. Preserve Ecosystems |
20. Conserve Marine Resources |
21. Reduced Inequalities |
22. Empower Children |
23. Support Local Suppliers |
24. Gender Equality |
We analyzed the community investment focus areas of 32 local and international companies that hold similarities to our industries. The benchmarking enabled us to better gauge which social impact topics needed further investment and which topics were perhaps under or over-served. Following the stakeholders’ engagements and benchmarking exercise we highlighted the following 5 topics as the ones of major importance for Alturki to focus on:
The topic of Quality Education received the highest rating from the stakeholders’ engagement exercise. We have, thus, shaped our Community Impact Framework with Quality Education at its core. We then examined our country and regional context to understand better the current status of educational priorities, which would permit us to identify niche areas. The below references were used: