Corporate Social Responsibility at Ma'aden

Abstractiii

CHAPTER 01: INTRODUCTION2

Study Outline2

Organizational Background2

Products & Services4

Mission and Visions5

Organizational Values5

Problem Statement5

Aim and Objective8

Research Questions9

CHAPTER 02: LITERATURE REVIEW10

Overview of CSR in Ma'aden10

Significance of CSR for the Organization10

Ten CSR Principles of Ma'aden13

CHAPTER 03: METHODOLOGY16

Research Design16

Instrument Design16

Pilot Questions for Interview16

Ethical Considerations17

CHAPTER 04: FINDINGS18

Economic Responsibilities18

Ethical Responsibilities18

Environmental Responsibilities19

Legal Responsibilities20

Philanthropic Responsibilities21

Maintenance of Social License22

CHAPTER 05: CONCLUSION AND RECOMMENDATIONS24

REFERENCES28

Abstract

In this paper we have studied the current CSR practices at Ma'aden and evaluate whether or not the company is truly able to implement the CSR practices. We have also evaluated whether or not the organization just uses the term for promotional and goodwill efforts. In addition, we have also discussed that how employees and management of the organization define CSR on the following dimensions: economic, ethical, environmental, legal and philanthropic. Furthermore, we have studied the role of leadership in promoting such practices at Ma'aden and how such actions can be improved. The study is divided in five sections. The first section has introduced the topic and aims and objectives of the study. The second section has studied the details of the literature review of related articles and studies. The third section has provided the details of the tools and techniques used to carry out the study and answer the research questions. The fourth section is the findings and results. The fifth section has concluded the study with appropriate recommendations for the organization. CHAPTER 01: INTRODUCTION

Study Outline

This study is comprised of five chapters. Chapter One discusses the introduction to the topic, “Corporate Social Responsibility”, the aims and objectives of the study and the background of the corporate social responsibility in Ma'aden- Saudi Arabian Mining Company. Chapter Two discusses literature review with details of corporate social in Ma'aden- Saudi Arabian Mining Company. The Chapter Three discusses the methodology of the study with the details of tools and techniques used to answer research questions and achieve the aims and objectives of the study. Chapter Four discusses the findings of the study with the appropriate supporting information for the findings and results of the study. In last, the Chapter Five concludes the study with the appropriate recommendation for the organization.

Organizational Background

Ma'aden is an organization, which was established in the year 1997 by Royal Decree for the facilitation of development of mineral resources of Kingdom of Saudi Arabia. Previously, this organization was owned by the government, however in the year 2008, 50% of the shares of the organization were floated in the Stock exchange of Saudi Arabia. In the beginning, the business activities of the organization were focused on expansion of its active business of gold which include 5 mines and more than 11 million ounces of JORC complaint resources of gold at exploration and operational sites (Retrieved from: http://www.maaden.com.sa).

Ma'aden is the diversified mining company that was established by the Saudi Government in 1997 in order to accelerate the private investment in mining sector. The company was given the responsibility of consolidating the government and private sectors by converting the government owned mining projects into commercially viable ...