| Element List | Explanation |
|---|---|
| Announcement Detail | Alandalus Property Co. Announces releasing its ESG Sustainability report. Which it reviews the company's framework for integrating sustainability standards into its strategy and business. In these reports comes within the framework of the company's commitment to social, environmental responsibility, and governance, and its keenness to contribute to the achievement of sustainable development goals in accordance with the Global Reporting Initiative (GRI) standards, which is considered a recognized and widely used global standard in sustainability reporting.
As partners in sustainable development and creating the future, Alandalus Property Co. comes strategy complements the requirements of economic growth, aligning with the Kingdom’s developments, and is consistent with The Kingdom of Saudi Arabia’s Vision 2030, which focuses on the environment, the renewable energy mix, and environmental sustainability as an essential part of development. Given the sustainability report for 2023, it provided comprehensive information and data to stakeholders about the company’s commitments to sustainability standards. It is worth noting that Alandalus Property Co. will issue the report annually to ensure that all stakeholders are informed of the progress made in this field. Through these reports, Alandalus Property Co. highlights its strategies and initiatives aimed at achieving sustainability goals and detailing efforts to reduce environmental impact, such as initiatives related to renewable energy, natural resource management, and carbon emissions reduction. The report reviews the efforts of Alandalus Property Co. in implementing community initiatives to support local communities and promote inclusivity and social development. These initiatives include education and training programs for employees, students at local universities, and participation in social and charitable activities aimed at improving the quality of life for citizens and residents. The report focuses on efforts to promote transparency and accountability inside Alandalus Property Co. by providing best practices to ensure that the company adheres to best governance standards, and to enhance investor and stakeholder confidence in its performance and long-term sustainability.
The sustainability report will be available on the investor relations application of Alandalus property Co. during smartphones and tablets, as well as on the company’s website within the Investor Relations section.
www.alandalus.com.sa |
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