Corporate Social Responsibility (CSR)

CSR Approach

GRC’s Corporate Social Responsibility (CSR) philosophy originated from the Founders’ strong belief that the Company has an obligation towards its stakeholders including employees, clients, partners, subcontractors, and society at large. To achieve continuous business success, GRC believes in the significance of having a solid commitment to corporate responsibility. Maximizing the Company’s profits has always come second to human development, employee wellbeing and social investment in the communities where GRC has an operational presence.

GRC’s CSR approach is guided by the Company’s core ethical values and principles which focus on integrity, transparency, and fairness in managing its business affairs and in its relationship with stakeholders including its employees who are an asset and the driving force behind its achievements and thriving business.

Throughout the history of GRC the culture of giving and philanthropic deeds has been at the forefront and has played a key role in the Company’s success and prosperity. Even before the concept of Corporate Social Responsibility (CSR) became popular in the business world and before the establishment of the CSR department, GRC’s continued humanitarian giving was embedded in the Founders’ beliefs and values.

CSR Mission

The mission of the CSR Department is to build on GRC’s philanthropic culture, improve the welfare of its employees, and enhance the long term economic and social sustainability of communities where GRC conducts its business. The CSR Department is committed to bettering the livelihood of communities by designing programs and initiatives that address their concerns and needs.

CSR Corporate Vision and Strategy

GRC’s Corporate Social Responsibility Department (CSR) undertakes the role of “Corporate Citizenship” to ensure that business values and behavior are aligned to balance between improving and developing the company’s business as well as improving the quality of life of its workforce, their families, local communities, and societies at large.

Its corporate giving strategy is to improve the social and economic livelihood of marginalized and underprivileged communities. Its strategy and community development will include financial support and in-kind contribution in the form of volunteerism in areas where GRC possesses expertise and leverage.

GRC will focus on the following themes of crucial importance, and which are in line with the UN Compact Sustainable Development Goals of the UN Global Compact:

-Education, Capacity Building and Employment Creation

-Health

-Science, Technology, and Innovation

-Humanitarian Aid and Relief

Our Belief

At Gulf Gate Real Estate, we are committed to enriching people’s lives. For us at GRC, integrating societal, economic, and environmental obligations are as important as creating a valuable business proposition.

Our Pillars

Improve quality of life: Affordable quality healthcare, safe drinking water and sanitation

Preserve the environment: Reducing carbon footprint, increasing green cover, and promoting biodiversity.

Educating future leaders: Facilitating knowledge & skills training to underprivileged children, young adults, and tribal communities

Promote inclusion and development: Empowering differently abled youth, enabling livelihood opportunities for the underprivileged and financial inclusion for migrant labor.

Our Initiatives

Localization & Nationalization

We are developing and executing localization strategies for capacity/capability building and procurement by partnering with local leaders, engaging local stakeholders, and focusing on sourcing local and sustainable materials.

Engaging Local Stakeholders

We also believe in engaging with our stakeholders in local communities, suppliers, and partners to promote sustainable practices throughout our value chain.

This includes working with local communities to identify and address their sustainability concerns and collaborating with suppliers and partners to promote responsible sourcing and ethical business practices.

We developed a framework that will help us to align and monitor our performance with the highest international standard, and we started providing awareness training sessions to our supply chain partners to prepare them to cope with Gulf Gate’s framework and the construction industry future requirement here in Saudi Arabia.

Focus on Local & Sustainable Materials

We are committed to social responsibility and sustainable business practices while strengthening our relationships with local partners and suppliers.

That’s why we focus on economic growth and support the local community by partnering with and nurturing local suppliers.

We believe that by promoting local sourcing, we contribute to developing a robust local supply chain, creating job opportunities, and stimulating economic development.

COMMUNITY ENGAGEMENT

In all areas of operation GRC’s CSR commitment manifests itself through programs of corporate citizenship ensuring that business decisions balance between contributing to company growth and improving the quality of life for employees, their families, communities and societies at large.

Carrying on in the footsteps of its founders, GRC believes that business should be conducted in a manner that will benefit the local and global communities where GRC operates.

GRC has engraved its humanitarian footprints in support of Humanitarian Societies and Charitable Institutions. In line with GRC Values, Principles & Code of Conduct.

GRC is committed to working closely with local communities to contribute to their economic and social development, offer employment opportunities, utilize local resources and enhance their quality of life.