CATRION for Catering Holding Company (formerly known as Saudi Airlines Catering Company)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Stewardship
- Integrity and Safety
- Product Quality and Safety
- Governance
Environmental Achievements
- Established internal environmental baselines and set measurable targets for emission reduction and resource optimization.
- Implemented energy-efficient practices and water conservation across its facilities.
- Reduced packaging materials and monetized food waste and packaging through recycling initiatives.
- Eliminated paper usage in operational transactions by embracing automation.
- Initiated composting trials in the aviation industry.
Social Achievements
- Partnered with the Saudi Food Bank and participated in the Qaderoon Network.
- Employed 38 people with disabilities.
- Trained 80 students through internship programs.
- Provided training to 47 male and 4 female health inspectors.
- Donated more than 60,000 food items to local communities.
Governance Achievements
- Updated the Company’s Bylaws to comply with the Companies Law.
- Updated the Corporate Governance manual in accordance with the regulations of the CMA.
- Established several subsidiary companies.
- Entered into twenty-year Concession Agreements with Red Sea Global.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero emissions
- Become a leading company in ESG rating
- Develop food innovation and technology
- Develop sustainable catering and sustainable events management
Medium-term Goals:
- Develop sustainable menu planning
- Implement electric vehicles (heavy duty)
- Implement an environmental management system
- Implement renewable energy (solar energy)
Short-term Goals:
- Implement a waste management system
- Develop a decarbonization framework
- Develop a sustainable sourcing chain
- Develop sustainable packaging
Environmental Challenges
- Market and Customer Risks
- Reputational Risks
- People Risks
- IT and Cybersecurity Risks
- Regulatory Risks
- Governance Risks
- Financial Risks
- Operational Risks
Mitigation Strategies
- Diversification strategy
- Strategies to strengthen long-term relationships with clients and consumers
- Initiatives and employee programs
- Investment in advanced cybersecurity solutions
- Coordination among departments and governmental bodies
- Risk Management Committee
- Prudent Liquidity Risk management
- Established management procedures and loss prevention programs
Supply Chain Management
Responsible Procurement
- Collaborating with environmentally and socially responsible suppliers
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Eco-friendly products
- Biodegradable products
- Sustainable materials and amenities