Increase the contribution of large companies to social responsibility
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The contribution of large corporations to social responsibility in Saudi Arabia has increased significantly over the past few years. Large corporate CSR participation was around 30% in 2019. By the end of 2022, it reached 60%, according to the latest official reports and statistics available.
The contribution of the private sector in the Kingdom to the total social expenditure during 2019 did not exceed 1.19%. But it rose to about 4%. All these indicators make there optimism about what the social responsibility of the private sector can do in advancing development in all its social, economic and environmental axes.