ESG

Ethics and Governance

Our people and communities are the driving force behind our success. We prioritize the well-being, development, and safety of our employees while empowering local communities through inclusive employment, community outreach, and Arabia’s Vision 2030 goals.

Corporate Governance

Data Privacy

SFC Ethics and
Values

Responsible Sourcing

Corporate Governance

Why It Matters

To SFC: Strong corporate governance is a cornerstone of our success. It safeguards financial integrity, builds investor confidence, and supports sustainable long-term growth. For us, acting ethically isn’t just good practice it’s a fundamental business value.

To the World: Governance plays a critical role in upholding integrity and ensuring responsible decision-making. By promoting transparency, accountability, and ethical standards, we strengthen trust with our investors, partners, and broader communities.

SFC Approach: Ensuring Consistency and Compliance

  • Standardizing policies and procedures across all SFC entities.
  • The Audit Committee ensures internal control issues are addressed.
  • The Enterprise Resource Management (ERM) system promotes consistency.
  • The legal department monitors and ensures regulatory compliance.

Data Privacy

Why It Matters

To SFC: Data privacy is critical to protecting sensitive information and maintaining trust. At Savola Foods, we apply strict standards to how we collect, store, and manage data as part of our commitment to ethical business practices.

To the World: As data becomes more accessible, individuals and stakeholders rely on companies to keep their information secure. By safeguarding data, we help promote transparency and responsible conduct in today’s digital economy.

SFC Approach: Protecting Data with Responsibility

  • Guided by SFC’s Code of Conduct #11, all employees must maintain strict confidentiality of company and customer information.
  • Confidential data includes personnel records, payroll, customer information, and operational details.
  • The Enterprise Resource Management (ERM) system promotes consistency.
  • No confidential, restricted, or classified information may be disclosed, shared, or discussed without formal authorization.
  • Financial data can only be released if published in shareholder reports or disclosed per applicable regulations.
  • Both current and former employees are bound by this confidentiality policy.
  • Violations may lead to disciplinary actions, including termination, in accordance with local laws.

SFC Ethics and Values

Why It Matters

To SFC: Our ethics and values are the foundation of Savola Foods’ Code of Conduct and the cornerstone of how we do business. They guide every decision we make and are key to the long-term success and distinct identity we’ve built as a company.

To the World: We aim to create lasting value financial for investors, professional for employees, and social for the communities we serve. As Savola Foods continues to grow across the MENAT region, our values remain central to the positive impact we deliver.

Corporate

Values

Amanah

(Honesty)

Mujahadah

(Personal Control)

Birr

(Conscientiousness)

Amanah

(Caring Justice)

Team

Values

Ihsan Al-Dhan

(Trusting)

Iq’bal

((Approaching))

Qabool

Acceptance

Mu’azarah

Caring

Individual

Values

Tawado

(Confident Humility)

Iq’tida

(Apprenticeship)

Azm

(Fierce Resolve)

It’qan

(Pursuit of Perfection)

Responsible Sourcing

Why It Matters

To SFC: We’re committed to respecting human rights, supporting communities, and minimizing our environmental impact across our operations and supply chain. The well-being of people and the planet is key to our shared success.

To the World: Global sourcing offers great value but it comes with responsibility. We work closely with our suppliers to uphold ethical, legal, and environmental standards, promoting long-term sustainability for all.

SFC Approach to Fair Dealing with Stakeholders What We Expect:

  • 1. Supplier Selection

    We choose partners who meet our legal, ethical, and operational standards aligned with our Code of Conduct.
  • 2. Legal Compliance

    Suppliers must fully comply with all applicable laws and regulations..
  • 3. Environmental Responsibility

    A clear environmental policy should be in place to manage risks and reduce impact.
  • 4. Human Rights

    Respect for labor rights and fair treatment is mandatory at all levels..
  • 5. Health & Safety

    Safe working conditions must be ensured across all facilities and production sites.