Business & Money | Tuesday 15 October, 2019 12:46 pm |

His Royal Highness, Prince Faisal bin Khalid bin Abdulaziz, Chairman of the King Khalid Award, announced the winners of the 2019 version of the award’s three divisions: (Development Partners), (Excellence for Non-Profit Organizations), and (Sustainability) during a press conference held previously this year on the 29th of September.

Sipchem won third place in the Sustainability Award, which emphasizes the organization's ability to build competitive advantages and apply best practices to support sustainable development as well as contributing to the Kingdom's social, economic and environmental development goals.

Sipchem will receive its award next November under the special patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud in Riyadh.

Eng. Saleh Bahamdan, Chief Executive Officer, Sipchem said: “this achievement reflects our commitment to the highest standards of sustainability, which is in line with the Kingdom's vision to achieve prosperity at all levels. The King Khalid Award is an important recognition of our efforts and contributions in the Kingdom, and we are honored to be part of the amazing work being done by the organizers and the participating companies. I would also like to emphasize that we will continue our commitment to achieving sustainability from all environmental, social, and economic standpoint.”

Sipchem won the King Khalid Award in 2014 for the best initiative to build a voluntary team in a large industrial company. The King Khalid Award is an effective and inclusive development tool that seeks to create an environment conducive to giving. The Award focuses on raising the level of performance efficiency, promoting sustainable development and expanding the circle of influence on all target groups through its voluntary initiatives. The Award seeks to promote strategic thinking and increase the positive impact of societal work and sustainable social responsibility in the Saudi society.