Leading Non-Profit Organizations in Gulf Countries

Jeddah, 07 March 2012: The Society of Majid Bin Abdul Aziz for Development and Social Services' annual report on sustainability has received a distingiushed recognition from the Global Reporting Initiative, GRI; by scoring A+ on the submitted report. The rating came out as a result of the successful report that met GRI's criteria with over one hundred and twenty one standards  that assess compliance of the report in relation to "GRI's" framework. Thus, Majid Society is honored as the first Saudi entity among profit and non-profit organizations that received this distinguished global rating.

His Royal Highness Prince Mishaal bin Majed, Chairman of Majid Society said, "To attain its achievements, Majid Society believes in the application of sustainable management as the optimal way to address social, economic, and environmental changes that may arise during the implementation stages and by observation, we can achieve a sustainable development in accordance with its plans and objectives. Here comes sustainability report II, released by Majid Society to that received A+ rating from "GRI". It will enhance the ability to meet the challenges of retaining the rating to implement changes towards sustainable growth as part of its commitments in line with the annual achievements and strategies".

This distinguished rating is an evidence for the ongoing efforts and contributions of Majid Society towards development and social services. Nevertheless, it's an international recognition of a success achieved by the application of international standards in transparency, disclosure, governance, and attention paid to human resources and talents with no discrimination. It also demonstrates the ability to address the weaknesses besides application of surveillance programs that serve as quality indicators in monitoring performance of all sectors.

Majid Society is proud of this international rating, which comes from "GRI" on its annual report of sustainability. It's a catalyst to continue with in the method of sustainability and endorse its impact on the beneficiaries within the Kingdom. It also promoted a positive image to interested sects who believe in development and social services all over the world. Majid Society's practices within the Kingdom are now appreciated as a success story of leadership.

It is worth to mention, that Majid Society is holdsing its Annual General Meeting "AGM" that will be chaired by His Royal Highness Prince Mishaal bin Majed in the presence of board members, employees and those interested in sustainable development and social services.  AGM program includes review of the global rating, Majid Society's Leadership Award from Oman, discussion on Finance plan for the next five years followed by honoring the supporters.

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About Majid Society:
Majid Society was founded at the initiative of His Royal Highness Prince Majid bin Abdul Aziz (God bless his soul) in the 1419/1998 and recorded in the register of charities at the Ministry of Social Affairs in the Kingdom of Saudi Arabia under the number (174) on 22/03/1421 AH 25/06/2000 M. Then on 03/27/1427 H corresponding to 26/04/2006 AD has been re-launch of the Assembly of Majed bin Abdul Aziz for development and social services, the current vision.

Society seeks to be a leader in building a system of sustainable development through the exchange of experiences and the application of mechanisms enabling individuals within their communities in Saudi Arabia, and is working hard to achieve a milestone in the development field sustainable by working to promote the concept of sustainable development and published at the level of institutions, non-profit sector and the level of the private sector and other stakeholders. 

For more information:
Ayman Hassan
Media Relations Manager - Medialogy Group
email: ayman@medialogygroup.com
Mobile: +966 5453 16200

© Press Release 2012