Search SaudiArabiaPR.com

Home >> Banking & Investments

Mena CSR Report 2021: UAE, KSA Retain Regional CSR Leadership

Mena CSR Report 2021: UAE, KSA Retain Regional CSR Leadership

Friday, June 17, 2022/ Editor -  

Share

Home >> Banking & Investments
• Cicero & Bernay Communication Consultancy and 3Gem Research and Insights launch the second edition of the annual regional corporate social responsibility survey report.
• The UAE and Saudi Arabia lead the way in adopting, understanding, and working towards making CSR a way of life for businesses
 
Dubai, UAE, 17 June 2022: The UAE and KSA have emerged as regional leaders in the awareness and adoption of corporate social responsibility (CSR) practices based on the findings of the second edition of the MENA CSR Survey Report. The survey was conducted by Cicero & Bernay Communication Consultancy (C&B), a leading MENA agency headquartered in Dubai, in partnership with 3Gem Research and Insights, a global research partner. 
The annually conducted survey studies the understanding and impact of CSR across select countries in the GCC, Levant, and North Africa. In this year’s report, the UAE and the Kingdom of Saudi Arabia lead the way and emerge as leaders, retaining their position from the report’s previous 2020 edition. 
In total, 263 C-suite government, aviation, automotive, banking and finance, construction & real estate, healthcare, and transport executives and corporate leaders from across the MENA region were surveyed, including the UAE, the KSA, the greater GCC, and Egypt. The respondents were asked a series of CSR-related questions to gauge overall regional perception.
 
Key findings of the report:
• Nine in ten respondents from the MENA region feel that adopting CSR practices will have a positive effect on a company’s business.
• 81% of UAE managers state that the CSR for their company is either part of their DNA or one of the top priorities, while a soaring 95% in the KSA agree to the same.
• Nine in ten managers in the UAE, compared to eight in ten in the KSA, chose their own country as being the most active in terms of CSR.
 
Ahmad Itani, founder and CEO of C&B and chairman of PRCA MENA, said: “Our annual CSR Survey report is a way of gauging the comprehension and adoption of CSR among C-suite executives in the region. For us in the UAE, we were privileged to witness firsthand the positive impact of CSR over the past two years, under the guidance of our wise leadership. When we published our survey in 2020, our aim was, and still is, to inspire more regional social responsibility among organisations and highlight the incredible benefit such initiatives have on corporate cultures and their stakeholders on the path towards positioning the MENA at the forefront of global CSR.”
 
Darren Ryan, global creative director - 3Gem Research and Insights, said: “We were delighted to partner with Cicero & Bernay Communication Consultancy on the second MENA CSR Survey Report. It was encouraging to find that C-suite executives’ understanding of corporate social responsibility in the MENA region is very high, with over half claiming to have a strong understanding of it. It was also inspiring to note that the majority (two-thirds) of MENA companies plan to increase their CSR activities in 2022. This edition’s findings revealed how businesses are approaching corporate social responsibility now and for the future.”
Ahmad Itani concluded: “It is important for all organisations, big or small, to start embedding CSR into their corporate culture and make all possible efforts to deepen their relationship with their stakeholders.” 

Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

How will billions of muslims preform Hajj in the future?

Saudi film 'Norah' Nominated for Cannes Film Festival 2024

Khabib's Official Training Gloves Will Be Sold at Tooba Charity Auction in Dubai

Formula E and FIA to unveil new gen3 evo race car at upcoming monaco E-prix

Magrabi Eye and Dental Complex Day Surgery Center inaugurates in Makkah

Saudi Investment Recycling Company and SAP extend partnership with new deploymen ...

Victory for Pascal Wehrlein after last Lap Heartbreak for Rowland

Oliver rowland wins misano e-prix opener after antonio felix da costa disqualifi ...

Mitch Evans Looks For Another Italian Triumph As Formula E Descends On Rimini De ...

Hilton Riyadh Hotel & Residences Prepares For A Festive Eid Extravaganza

Watches & Wonders 2024 Unico: Hublot's Manufacture Calibre

Bremont introduces a new generation of its Supermarine diving watch series

Formula E to Use Latest Sustainable Tech to Power its Events Worldwide

Powering Progress: Saudi Electricity Expo to Energise Kingdom's 2030 Vision, Sec ...

Tokyo E-prix Winner Max Gunther Eager to Challenge for Formula E Title

Saudi contribution to WFP will Provide Life-saving Food Assistance to around 378 ...

Saudi Minister of Communications and Information Technology visits Unifonic's ne ...

Saudi Electricity Expo to Help Energise Kingdom's Renewables and Fulfil Power Dr ...

Saudi Exchange Marks a Milestone with its 400th Listed Security

Egis to Provide a Comprehensive Refurbishment and Maintenance Assessment for Kin ...