Saudi and the UAE lead the way and emerge as leaders, retaining their position for the second consecutive year in terms of adopting corporate social responsibility (CSR) practices, according to the findings of the second edition of the MENA CSR Survey Report.
The annual survey studies the understanding and impact of CSR across select countries in the GCC, Levant, and North Africa.
The report was conducted by Dubai-based communication consultancy firm Cicero & Bernay (C&B), in partnership with global research partner 3Gem Research and Insights.
The survey of 263 CEOs from the UAE, Saudi, Egypt, and the greater GCC, shows that nine in ten respondents from the MENA region feel that adopting CSR practices will have a positive effect on a company’s business.
In addition, 81 percent of UAE managers state that the corporate social responsibility for their company is either part of their DNA or one of the top priorities. Meanwhile, 95 percent of managers in KSA agree with the same.
The findings also reveal that nine in ten managers in the UAE, compared to eight in ten in the KSA, chose their own country as being the most active in terms of CSR.
The analysis further noted that the majority (two-thirds) of MENA companies plan to increase their CSR activities in 2022.