Times of Oman

Call to reward private sector efforts

- Times News Service

MUSCAT: A national award to honour private companies in Oman for fulfilling their Corporate Social Responsibi­lity (CSR) role has been suggested by Said Al Kiyumi, chairman of Oman Chamber of Commerce and Industry (OCCI).

“We call upon the government to adopt the idea of launching an award for corporate social responsibi­lity,” he said during a CSR conference on Tuesday.

Such an award will help express appreciati­on for companies which lead in the CSR field and will encourage others to take up philanthro­pic ventures, he added.

Rashid Al Busaidi, Assistant Professor at the Sultan Qaboos University, suggested that companies with a good track record of CSR programmes can be rewarded by way of relaxation in taxes.

The chairman announced the kickoff of the second OCCI CSR Award in the beginning of the seminar.

“We call upon the Omani media to help promote private sector initiative­s,” Al Kiyumi stated.

Showcased

A number of leading private firms in the Sultanate showcased their latest CSR initiative­s.

Experts and specialist­s in the field of social responsibi­lity in Oman and elsewhere participat­ed in the seminar, which featured a number of working papers.

The award aims to spread the culture of social responsibi­lity, highlight the unique role that institutio­ns and companies play in this respect, encourage commitment towards economic, social and environmen­tal aspects, en- hance efforts for sustainabl­e developmen­t and motivate and recognise the performanc­e of private companies in the field of social responsibi­lity while encouragin­g innovation in this area.

Kahlifa Al Shuwaibi, vice chairman of oil and gas workers’ trade union in Oman, welcomed the OCCI chairman’s suggestion and said that more companies should come forward with CSR initiative­s.

“We had proposed companies to train and support workers through CSR to grow further in their career. Today, one of the oil companies have signed such a of deal. This will help the workers,” Khalifa said adding that more and more companies should come forward with such initiative­s.

 ??  ?? Said Al Kiyumi, chairman of Oman Chamber of Commerce and Industry
Said Al Kiyumi, chairman of Oman Chamber of Commerce and Industry

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