Chalhoub Group, a leading distributor and retailer of luxury brands in the Middle East, has revealed ambitious new targets to coincide with the release of its 2020 Sustainability Report, including a major set of new objectives for Saudi Arabia, which have been unveiled as part of a wider report into the Group’s performance in the GCC. 

 

A hybrid retailer bringing luxury experiences to the fingertips of its customers everywhere, the Chalhoub Group’s latest sustainability report outlines ambitous new targets which will set its strategy in the kingdom over the next three years. 

 

This includes specific areas of the business model that can be strengthened each year, which will be able to support the group’s efforts to deliver meaningful impact in the kingdom and wider region, said the statement from the company. 

 

A member of the UNGC Community and signatory of the Women's Empowerment Principles (WEPs), the Chalhoub Group’s report underlines how sustainability has become integral to its strategy for the region and forms part of a policy that includes actionable targets for each independent objective. 

 

The five pillars that have been identified are: leadership, people, partners, planet and impact, thus reaffirming the group’s efforts to support the 17 United Nations Sustainable Development Goals (UNSDGs). 

 

A key priority for Chalhoub is to increase the number of Saudis working in back of house roles from 34% to 52% in the next three years, underscoring its commitment to nurturing local talent in line with the Kingdom’s National Transformation Program, said the statement from the company. 

 

The group will also aim to integrate a significant number of People of Determination into its workforce and ensure their spaces are friendly for people with different kinds of mobility and ability needs, the statement added.

 

Chalhoub pointed out that increasing the number of women employed in senior management roles from 20% to 50% by 2023 is another primary objective.

 

Affirming its commitment to the WEPs is part of the Group’s ongoing strategy to create a working environment that is equal to all, remarked Group President Patrick Chalhoub.

 

"A female senior leadership programme will further extend the opportunities available to women who strive to reach the highest positions in the Group. These progressive practices are among the initiatives that have contributed to the Group being recognised as one of the ‘Best 30 workplaces in the KSA’ for 2021 by the presitigious Great Place to Work," he added.

 

On the 2020 Sustainability Report, Chalhoub said: "It reflects the accomplishments of our teams dedicated to living our core values of respect, excellence, and entrepreneurial spirit. At Chalhoub Group, we set ourselves ambitious targets in line with the KSA Vision 2030, because it represents the understanding of a future that we share for this country: consistently aiming to be the best."

 

"Our Group owes its success to the talents and experiences of our diverse workforce of 114 nationalities; we believe our people are our greatest force in helping us to make a difference to the world around us, and we are very excited to work together to achieve these goals over the next three years," he added. 

 

Florence Bulte, Chief Sustainability Officer, said: "While the pandemic was challenging, it provided time for new levels of learning and innovation. Across our group, the necessity to rapidly implement digital technologies has revealed just how important the relationship between efficiency and sustainability is."

 

"This, and our people’s dedication to the long-term vision of our group, has meant that we have continued to make progress on issues like diversity and inclusion, carbon emissions reduction and renewable energy integration," noted Bulte. 

 

"Our sustainability vision is a critical priority for us as a Group, and we look forward to continuing this journey towards a future that puts sustainable economic growth at its heart," she added.-TradeArabia News Service