Social Responsibility

Social Responsibility

Individual social responsibility (ISR) is gaining increased importance in Saudi Arabia. This annual forum hosts many international guest speakers, and also the King Khalid Responsible Competitiveness Award (KKRCA). This award is a co-operation between a governmental organization, Saudi Arabian General Investment Agency (SAGIA), and two non- governmental organizations, national King Khalid Foundation and the global AccountAbility (Mazar 2008).

SARCI was first started in mid- 2008, and the first KKRCA was awarded in January 2009. 40 companies participated in the SARCI the first year, and the winners of the KKRCA were National Commercial Bank, Zamil Industrial and Al-Fanar. This year ...