Savola Group Co 2024 SR
The report highlights Savola Group's 2024 sustainability progress, focusing on its 10th ESG edition. Key achievements include establishing a Group-wide GHG emissions baseline (Scopes 1-3) and achieving a 5.6% reduction in total waste. The company advanced its social impact through the Makeen program for disability inclusion and reached a 68.75% Saudization rate, earning a Platinum Nitaqat rating. Governance was strengthened through the ESG Steering Committee and recognition in the Alfaisal Corporate Governance Index. The report also details the strategic divestment of its Almarai stake to unlock shareholder value.
Company: Savola Group Co
Sector: Consumer Staples
Country: Saudi Arabia
Year: 2024
Type: SR
Pages: 64
Savola Group Co
ESG Report
The report highlights Savola Group's 2024 sustainability progress, focusing on its 10th ESG edition. Key achievements include establishing a Group-wide GHG emissions baseline (Scopes 1-3) and achieving a 5.6% reduction in total waste. The company advanced its social impact through the Makeen program for disability inclusion and reached a 68.75% Saudization rate, earning a Platinum Nitaqat rating. Governance was strengthened through the ESG Steering Committee and recognition in the Alfaisal Corporate Governance Index. The report also details the strategic divestment of its Almarai stake to unlock shareholder value.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees