50,000 Beneficiaries of NEOM's Social Responsibility Programs and Initiatives, According to its 2023 Annual Report
NEOM, the sustainable development taking shape in northwest Saudi Arabia, has revealed that 50,000 people in local communities have benefited from its Social Responsibility (SR) programs over the course of a year, according to a NEOM news release.
Released today, NEOM's Annual Social Responsibility Report for 2023 outlines the number of beneficiaries receiving assistance from NEOM over 12 months through its various social responsibility programs. It highlights the project's efforts in enhancing human livability through a series of pioneering schemes and initiatives.
The NEOM SR 2023 report reveals that 26 projects were awarded to Tabuk companies among its programs, with 583 people from NEOM and Tabuk securing employment through its job creation initiatives. Another key finding was that the social return on investment from the NEOM Seven Senses Program, one of NEOM SR's signature programs, exceeded SAR 40 million.
Compiled by NEOM SR, the report highlights NEOM's commitment to driving socio-economic engagement, building human capabilities, and supporting local communities through sustainable value-driven initiatives. It emphasizes NEOM's role in inspiring global social responsibility approaches through three tracks: Accelerating Progress, Embedding Value, and Enhancing Quality of Life.
The report shares the inspiring stories of entrepreneurs, volunteers, NEOM employees and others who have benefited from NEOM SR programs and initiatives, as well as shows the successes attained and the challenges encountered along the way. It also illuminates how NEOM leveraged key partnerships to drive innovation and socioeconomic progress in local communities, demonstrating NEOM's prominent role in promoting sustainable development and supporting Saudi Vision 2030.
The NEOM SR 2023 report reflects NEOM's focus on sustainability throughout its programs and initiatives, which are designed to empower both the community and the individual and nurture national talent to drive long-term value. During 2023, NEOM introduced its first integrated volunteering ecosystem, engaging more than 1,300 volunteers across 68 different opportunities to serve their communities.
The full NEOM SR report 'Social Responsibility AT NEOM' can be viewed here: https://www.neom.com/ar-sa/about/social-responsibility