CORPORATE SOCIAL RESPONSIBILITY

Corporate Social Responsibility (CSR) is a companyʼs accountability for its operational activities and decision-making related to all stakeholders who have a direct interest in the company or who indirectly impacted by it.

The concept of CSR is a result of a national sustainable development strategy that also addresses legal, ethical, commercial and societal expectations to ensure fair decision-making by corporations.

CSR is viewed as a comprehensive set off policies and programs that are incorporated into business operations throughout the company, taking into account past, present and future results. The issues encompassing a companyʼs CSR vary according to its business type, size, sector and geographic region. Typically, issues include subjects related to business ethics, community investment, environment, governance and human rights.

We believe that sustainability is about preserving our environment, respecting our employees and community, and returning value to our shareholders. During 2022, AAQ implemented a company-wide monitoring system in order to promote a positive contribution to the United Nations’ Sustainable Goals, which aim to improve the lives of people and create an all-around healthier world for tomorrow. Reporting annually on key measurements with qualitative and quantitative data. This is an enterprise-wide effort, engaging all our subsidiaries. AAQ began its sustainability drive by adopting the following 5 goals:

Good Health & well-being: Employees are at the heart of every organization. Protecting the health, safety, and security of our employees, clients, guests, and others working on our behalf are key priorities.

Quality education: We provide an inclusive working environment in which we endeavor to develop our talent. Developing people is key to achieving our strategic objectives as a responsible business and for the long-term success of the company.

Decent work & Economic Growth: We recognize that our success is tied to fair employment practices and providing a safe and compliant working environment.
Responsible consumption and production: As one of our subsidiaries is a construction materials business, we have a greater responsibility to meet emissions targets and protect the environment. In addition, responsible consumption campaigns were launched across the company.

Peace, Justice and strong institutions: As a conglomerate consisting of several entities, we place a strong emphasis on transparency, accountability, good governance, and nondiscrimination at all levels.