• Global Temperature Goal: FNRCO’s reduction targets are designed to support the Paris Agreements aim to keep the global temperature rise this century well below 2 degrees Celsius above pre-industrial levels.
• Nationally Determined Contributions (NDCs): We are committed to contributing to the national efforts of Saudi Arabia in meeting or exceeding its NDCs by implementing sustainable practices across our operations.
About us
The First National Company (FNRCO) was established within its headquarters in the Kingdom of Saudi Arabia in 2001, as a limited liability company, then transformed in 2016 into a closed joint stock company with a capital of SAR 100,000,000 specialized in providing administrative services, human resources solutions and project management to achieve integration among them.
About usContact Info
- Street Corner, Umar Ibn Abdul Aziz Br Rd, Al Ihsaa, Riyadh 12815
- +966 - 9200 - 15188
- fnrco.hotline@fnrco.com.sa
Sustainability at FNRCO
A comprehensive ESG strategy with a commitment to reach net zero across our business by 2040.
Our Sustainability Commitment
Rooted in the vibrant landscape of Saudi Arabia, FNRCO stands at the forefront of societal progress. Under the leadership of Chairman Ali Jaber Al Mahan, we are committed to shaping a future where sustainable employment is not just an ideal, but a reality. Our journey is fueled by the trust of thousands who seek to forge their career paths with us, and the countless organizations that rely on our expertise for their talent strategies.
In an era marked by rapid technological advances such as automation and generative AI, alongside a shift towards more equitable and sustainable practices, we recognize the critical need for upskilling and expert guidance. FNRCO is dedicated to navigating these changes, ensuring individuals and organizations alike are poised for success in an evolving digital and sustainable landscape.
Proudly supporting Saudi Arabia's Vision 2030 and its green initiative, our commitment is unwavering. We believe in the untapped potential of every individual and are dedicated to unlocking opportunities for impactful work that leads to a brighter future.
As we move forward, we do so with the ambition to exceed our ESG goals and to build a just, inclusive, and thriving world for all. Together, we are embarking on a journey towards a sustainable future, driven by the collective efforts of our employees, partners, and the communities we serve.
Ali Jaber Al Mahan
Chairman, FNRCO Group
Our ESG Priorities & Performance
- 2023 FNRCO Sustainability Report
- Sustainable Development Goals
- Sustainable Procurement
- Carbon Emissions Reduction Strategies
- ESG Commitment
- Policies & Standard
WE SUPPORT
Sustainable Development Goals
Our ESG (Environment, Social, Governance) strategy encompasses the material sustainability impacts, risks and opportunities for FNRCO. We continuously measure and report on our progress against set targets for each of the material ESG categories we work on.
Environment: Leading the Charge towards Sustainability
In an era where the environmental impact of corporate actions is under the microscope, FNRCO is committed to leading by example.
Our goal is to revolutionize the human resources sector by placing environmental sustainability at the heart of workforce management processes. Our dedication:
Streamlines operations with a keen focus on reducing environmental footprints. Empowers our clients by integrating sustainability into their workforce strategies.
Embodies our societal duty to enact meaningful environmental change within this critical decade.
Social: Fostering a Culture Where Our People Flourish
FNRCO believes that the foundation of any successful business is its people. Ensuring a safe, vibrant, and inspiring workplace is not just a goal; it is our promise. Our approach ensures:
- • The creation of an engaging environment that fuels motivation and innovation among all colleagues.
- • The safety and well-being of every employee, aiming to prevent any fatal and life-altering incidents.
- • The promotion of diversity of thought, recognizing that diverse perspectives are the bedrock of groundbreaking solutions.
Governance: Upholding Integrity Through Responsible Practices
Our governance framework is built on the pillars of ethical conduct and responsibility. FNRCO is dedicated to:
- • Adhering strictly to our Code of Conduct, guiding our actions and decisions with integrity.
- • Protecting and respecting data, treating all information with the highest level of confidentiality and security.
- • Embracing sustainable procurement practices, understanding the importance of ethical sourcing and its impact on the global ecosystem.
Sustainable Procurement
Carbon Emissions Reduction Strategies
FNRCO’s carbon emissions reduction strategies are thoughtfully crafted to align with international and regional environmental frameworks, particularly the ambitious goals of the Paris Agreement and the transformative Saudi and Middle East Green Initiatives. The following are the detailed explanation of how our actions support these efforts:
Paris Agreement Compliance:
Saudi Green Initiative Alignment:
• Carbon Neutrality: FNRCO’s initiatives support Saudi Arabia’s objective to reach net-zero emissions by 2060 by introducing measures to reduce our carbon footprint.
• Renewable Energy Transition: Our strategy includes significant investments in renewable energy to aid Saudi Arabia’s goal of generating 50% of the country’s energy from renewables by 2030.
• Renewable Energy Transition: Our strategy includes significant investments in renewable energy to aid Saudi Arabia’s goal of generating 50% of the country’s energy from renewables by 2030.
Middle East Green Initiative Synergy:
• Regional Collaboration: FNRCO engages with partners across the Middle East to share knowledge and best practices, fostering a regional approach to carbon reduction.
• Green Investment: We prioritize investing in green technologies and industries, resonating with the initiative’s push for economic diversification through sustainable development.
• Green Investment: We prioritize investing in green technologies and industries, resonating with the initiative’s push for economic diversification through sustainable development.
- Scope 1, Scope 2 & Scope 3 Emission Tracking
- Adherence to International to GHG International Guidelines & Protocol
- Scope 1, Scope 2 FNRCO GHG Emissions Analysis 2023 Report
- FNRCO Procedure for Yearly ESG and Carbon Footprint Reporting
- FNRCO Scope 3 – 2023 GHG Emissions Analysis Report
- FNRCO Scope 3 – Emissions categories
- FNRCO Scope 3 carbon footprint reduction strategy
- FNRCO Scope 3 Emission Reduction Targets
- FNRCO carbon emissions reduction strategies - International and Regional Environmental Frameworks
- FNRCO Commitment to International GHG Reporting Guidelines & Protocol
- FNRCO Carbon Emissions Reduction Action Plan
Specific Strategies and Initiatives:
- Energy Efficiency We are enhancing the energy efficiency of our buildings and processes, which contributes to the reduction of Scope 1 and Scope 2 emissions.
- Fleet Electrification Transitioning our fleet to electric vehicles supports the reduction of GHG emissions, in line with the objectives to reduce reliance on fossil fuels.
- Supply Chain Decarbonization By working closely with our suppliers to lower their emissions, we are contributing to the collective goal of reduced carbon intensity in the economy.
- Waste Management Our initiatives to minimize waste generation and promote recycling contribute to the regional goals of reducing environmental pollution and conserving resources.
- Sustainable Water Usage FNRCO is implementing water conservation measures that align with regional goals of sustainable water resource management.
- Employee Engagement We are fostering a company culture that prioritizes sustainability through training and engagement programs, encouraging employees to adopt practices that support emissions reductions.
- R&D in Low-Carbon Solutions Investing in research and development to innovate low-carbon products and services, driving the transition to a green economy.
- Transparent Reporting Regularly reporting on our emissions and reduction efforts ensures transparency and demonstrates our commitment to these global and regional initiatives.
FNRCO is not only advancing its sustainability agenda but also actively contributing to the ambitious environmental goals set by the Paris Agreement and echoed by the Saudi and Middle East Green Initiatives. Our commitment underscores the importance of corporate responsibility in the global fight against climate change and the transition towards a sustainable future.
A Commitment to Transparency and Accountability
The evolution of our ESG strategy in 2022 was informed by an in-depth analysis of key sustainability issues, benchmarked against globally recognized frameworks and insights from stakeholder expectations. This comprehensive review has enabled us to identify and prioritize areas where FNRCO can have the most significant impact. Our 2023 ESG report marks a milestone in our journey, showcasing our progress towards the ambitious targets we’ve set. This commitment to transparency and accountability is a testament to our dedication to not just achieving, but surpassing, the sustainability benchmarks that define our era. As FNRCO strides forward, our ESG strategy remains a dynamic blueprint, guiding our efforts to deliver unparalleled value to our clients while championing sustainable development. Our strategic objectives and benchmarks are clearly outlined, reflecting our unwavering commitment to achieving excellence across all ESG domains. With sustainability as our compass, we are navigating towards a future where FNRCO is synonymous with innovation, integrity, and impact.
Fnrco Team
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