Binzagr Unilever wins award for sustainability initiatives
JEDDAH, February 8, 2016
Binzagr Unilever, the Saudi Arabian arm of a leading fast moving consumer goods companies, has won the King Khalid Award in the 'Responsible Competitiveness' category for 2015.
The company was also named a leader in the 2015 Dow Jones Sustainability Index (DJSI) for the food, beverage and tobacco industry group, joining 23 other companies on the high achievers board, said a statement.
On the global level, Unilever topped the 2015 Dow Jones Sustainability Index.
Unilever led the board in eight of the 23 criteria, including innovation management, strategy for emerging markets, climate strategy, packaging, and talent attraction and retention, improving its net score to 92 compared to the 90 it scored in 2014.
The DJSI is a globally recognised independent benchmark that measures proven company performance across material economic, environmental and social criteria.
In addition, Paul Polman, global chief executive officer of Unilever, announced on COP 21 in Paris the company’s new ambition to be carbon positive by 2030, said the statement.
The target, along other equally important commitments that Unilever has made towards global sustainable development goals, resulted in recognising Polman as one of the 17 advocates for global goals as announced by Ban Ki Moon, UN secretary-general on Davos 2016.
The win came as a result of exceptional performances in scoring categories such as 'Innovative Social Development', 'Environmental Management', 'High Quality and Good Governance', 'Building a Competitive Workforce' and 'Empowering Local Suppliers.'
Khaled Fayed, managing director, said: “Binzagr Unilever has been very active in the Kingdom of Saudi Arabia with initiatives that make a tangible impact on health, economic uplift and the reduction of our environment footprint. We are delighted to have our efforts recognized by the prestigious King Khalid Awards, yet there is no room for complacency.
"We will continue seeking inspirations from the goals we set out in the Unilever Sustainable Living Plan in the lead up to 2020. Our Award win underscores our commitment to the country.” - TradeArabia News Service
