Building a Sustainable Future
Social Initiatives
Panda is keen on “Partnering with our communities for a better life” to touch the lives of our employees, customers, community, and our beloved country. We partner with our communities and alliances to improve their welfare. Corporate social responsibility initiatives have been continued throughout the years as part of our commitment to providing better life for our communities.
Leave The Change For Them
A charitable initiative that was launched back in 2006 where Panda’s customers donate the remaining Halalas from their store purchases. The initiative is funding the construction of Panda Customers Tower in the Mecca region and is invested as a business center, with the proceeds used to cover the operating costs of the free-care centers run by the Disabled Children Association.
Raising over 89,000,000 Saudi riyals of donations since the start of the program in 2006.
Panda Caravan
Panda Caravan was launched almost 21 years ago. It aims to encourage Panda employees to donate to the accredited charity associations that provide care for the needy families across the Kingdom of Saudi Arabia.
Sallati, Charity Discounts
Since 2017, Panda Retail Company has been offering special discounts on Sallati cards to a list of accredited charities with the aim of providing their daily necessities; in accordance with the company's purpose of Partnering with Communities for a Better Life.
International Day of Persons With Disability
Since 2019, Panda Retail Company has observed the International Day of Persons with Disabilities as part of its years-long commitment to the employment and inclusion of persons with disabilities. Therefore, we reward and recognize this segment of society which is dear to our hearts, on the International Day of Persons with Disabilities, whether through conducting special events/activities to celebrate them or through rewarding them with symbolic gifts in recognition of their contributions to the success and growth of Panda.
Panda Cares Program
Wellbeing is one of the key initiatives through which Panda has committed to constantly caring for its employees’ physical and mental health; this will improve employee overall health, increase employee engagement, improve morale and retention, and reduce their health risks.
Environmental Initiatives
Panda is committed to enhancing the Quality of Life through Sustainable Business Practices that ensure Environmental Benefits. Environmental Initiatives have been implemented as part of our daily business practices through sustainable procurement and using enviroment-friendly material and equipment.
Solar Power
Program
Elimination of
generators
Water consumption control
LED Lights replacement rollout
Light scheduling and timer installation
Smart thermostat installation on HVAC system
Online temperature monitoring for Refrigeration
Cost effective refrigeration upgrade
Our sustainability mission statement was inspired by Panda’s vision and mission, where sustainability and well-being are at its core
Mission
To improve the Quality of Life for our Communities, Customers and Suppliers through Sustainable Business Practices that ensure Social Well-Being and Environmental Benefits.
Impact
Healthy Living Enjoyable Sustainably sourced Happier
Program Goal
Classify and reduce the environmental impacts of Panda Improve risk management towards market shifts while reducing costs. Promoting innovation and differentiation.
Striving for positive social impact through concepts such as cohesion, reciprocity, and honesty while maintaining importance of relationships amongst people. Activities that enable customers and employees to see business practices up-close to reflect how the company is acting on its purpose.
Streamline all the initiatives. Assigning ownership. Ensure proper communications and engagement. Quantify results.
Align with Saudi Exchange Principles for Responsible investment (Tadawul) Being prepared for incorporating ESG issues into investment practice to be aligned with Savola group.
Sustainability aims to prevent the depletion of natural or physical resources, for it to remain available in the long term.
Panda recognizes that its business practices have an impact on the environment, therefore it is committed to ensuring that this impact is reduced where practicable.
Why Does It Matter?
 |
Comply with Saudi 2023 Visionin accordance with the Saudi Vision 2030 Quality of Life program, which emphasizes the importance of preservation to fulfill all our current needs without the diminishing the future generations’ capability of fulfilling their needs.\nIn addition, the Saudi Green Initiative works on increasing Saudi Arabia’s reliance on clean energy, offsetting emissions, and protecting the environment. (Saudi Green Initiative, Vision 2030)
|
| in accordance with the Saudi Vision 2030 Quality of Life program, which emphasizes the importance of preservation to fulfill all our current needs without the diminishing the future generations’ capability of fulfilling their needs.\nIn addition, the Saudi Green Initiative works on increasing Saudi Arabia’s reliance on clean energy, offsetting emissions, and protecting the environment. (Saudi Green Initiative, Vision 2030) | |
 |
Sustainable Value ChainManage resources more efficiently, by optimizing the consumption of Renewable and non-renewable resources throughout the organization value chain (Supply chain, Operations and Workplace.)
|
| Manage resources more efficiently, by optimizing the consumption of Renewable and non-renewable resources throughout the organization value chain (Supply chain, Operations and Workplace.) | |
 |
Engage More Business Opportunities and Mitigate RisksProspects stemming from the use of renewable energy, sustainable sourcing of materials, efficient logistics, facilitate optimal business practices. Pursuing sustainability helps mitigate risks that come from changes in market trends and consumer demands.
|
| Prospects stemming from the use of renewable energy, sustainable sourcing of materials, efficient logistics, facilitate optimal business practices. Pursuing sustainability helps mitigate risks that come from changes in market trends and consumer demands. | |