PURSUIT OF
SHRED VALUE
Corporate social responsibility (CSR) has become one of the
standard business practices of our time. There has been a
significant increase in CSR projects undertaken by businesses
in Oman. Far from being a marketing gimmick, corporates
in Oman are contributing to the social and economic
development of the Sultanate, through CSR, ICV programme
and other socially committed initiatives.
However, CSR is viewed different from philanthropy. When
properly implemented, it should become ingrained in the
values and culture of a company, and positively affect the way
the company does its business. Positive social responsibility
improves a company’s public image and relationship with
consumers. Some companies have made CSR a core and
inseparable component of their overall service or product
offering, with policies and procedures which integrate social,
environmental, ethical and consumer concerns into business
operations and core strategy.
In the following pages, OER is featuring the CSR initiatives
of some of Oman’s leading companies who have integrated
social investment with their business strategies. Muhammed
Nafie reports
COVER STORY