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Savola Group

Savola Group is engaged in the food and retail sectors, operating through its Savola Foods and Savola Retail divisions with activities in the Middle East, North Africa and Turkey. Additionally, the company is also engaged in real estate and investment activities. Savola was founded in 1979 and throughout the past four decades has expanded and grown its business portfolio by including the manufacture and sale of edible oils, sugar, pasta products and confectioneries. Panda is Savola’s flagship brand and retail company and one of Saudi Arabia’s largest retailers, with 116 million costumers shopping through their 214 stores in more than 40 cities in Saudi Arabia.

Ranking position
#191/350
Total score
15.8/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 5.0 /10 #88

Environment

#1 1.3 /30 #278

Nutrition

#1 5.0 /30 #105

Social inclusion

#1 4.5 /30 #193
#1
Indicates the score for the top performing company.
Segment Rank
Food and beverage manufacturers/processors #129
Food retailers #39

Segment ranking summary

Savola Group operates in the food and beverage manufacturers/processors and food retailers segments and ranks 129th out of 233 and 39th out of 62, respectively. Compared to its peers in both segments, the company performs well in the governance and strategy measurement area and ranks in the middle of the pack for nutrition. However, as a food processor and retailer, Savola Group falls behind on its commitments to address the accessibility and affordability and healthy foods. The company performs poorly compared to its peers on the social inclusion and environment measurement area due to its lack of policies committing to respect key labour rights and lack of environment-related targets.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
Jeddah, Saudi Arabia
Food and agriculture revenue USD
5,787,184,300
Group revenue USD
5,787,184,300
Onwnership structure
Publicly listed
Number of employees
32,000
Website
https://www.savola.com

This company is part of the SDG2000, the 2.000 most influential companies

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