2018 King Khalid Responsible Competitiveness Award Applications Now Open

Mar 13, 2018 8:10 AM ET
Press Release

NEW YORK and LONDON, March 13, 2018 /3BL Media/ - The King Khalid Foundation (KKF) has opened the application process for the tenth annual Responsible Competitiveness (RC) Award. The 2018 application can be accessed through the official KKF website and will remain open until May 10th, 2018.

Launched in 2008  the RC Award is a multi-year initiative to assess, reward, and improve responsible business practices in Saudi businesses. The RC Award is the first and only award focused on responsible competitiveness and corporate responsibility in the Kingdom. The annual RC Award process culminates with the annual King Khalid RC Award Gala. Under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, winning companies are honored for their excellence in sustainability performance.

The RC Award, driven by the King Khalid Foundation and supported by the global advisory and standards firm AccountAbility, is currently in its tenth consecutive year, and has, since its inception, attracted over 300 companies in the Kingdom. The Award and accompanying RC Index provide strong platforms to support sustainable transformation and create a lasting impact in the Kingdom.

Responsible Competitiveness is key to increasing the Kingdom’s competitiveness on a global level and is fully coherent with the Kingdom’s National Transformation Plan 2020 and the Vision 2030, and in line with international frameworks such as the United Nations Sustainable Development Goals. The RC Award covers themes including workforce development, equality and diversity; community investment strategies; quality, innovation and good governance; working with suppliers and environmental management, all of which have been carefully developed to fully align with the core priorities and commitments of the government’s Vision 2030 program.

For more information on the RC Award, please visit the RC Award webpage, or contact the King Khalid Award team.

About the King Khalid Foundation

King Khalid Foundation (KKF) envisions a Saudi society with equal opportunities, striving towards prosperity by mobilizing and enabling stakeholders through social investment, capacity building and advocacy. KKF focuses on equal economic opportunity and financial independence which can be achieved through programs aimed at employment, job creations, social entrepreneurship, policy recommendations, improving institutional capacity, sustainability practices and employability skills. KKF has a legacy of managing high impact programs in the Kingdom, in partnership with business and government. Examples of these programs include: No More Abuse, a public awareness campaign in partnership with Memac Ogilvy; Our Youth Our Future, a large-scale youth training and employment program in partnership with HRDF; The King Khalid Awards, annual awards for Non-Profit Excellence, Development Partners, and Responsible Competitiveness.

About AccountAbility

AccountAbility is a global consulting and sustainability standards firm that works with businesses, governments and multilateral organisations to advance responsible business practices and improve long-term performance. Since 1995, AccountAbility has been supporting corporations, non-profits and governments in embedding ethical, environmental, social and governance accountability in their organisational DNA. AccountAbility has partnered with the King Khalid Foundation since 2008 to proudly deliver the Responsible Competitiveness (RC) Award in the Kingdom of Saudi Arabia.