ROSHN achieves international ethical procurement kitemark, marking it as a globally trusted partner of choice

• ROSHN achieves Chartered Institute of Procurement & Supply (CIPS) Ethical Kitemark for procurement, demonstrating ethical practices in supplier procurement and management
• Kitemark reflects ROSHN’s commitment to values of trust, integrity, and responsibility and high-quality of team training

Riyadh, 11 September 2023: ROSHN, the Kingdom’s leading national real estate developer and PIF-funded giga-project, has attained the Chartered Institute of Procurement & Supply (CIPS) Ethical Kitemark for procurement, in recognition of its practical application of ethical values across its procurement and supply practices.

The globally recognsied Ethical Kitemark is CIPS’ foremost accreditation for ethical corporate practices. It was awarded to ROSHN following intensive assessment of the training given to ROSHN staff in ethical sourcing and supplier management, alongside ROSHN’s adoption of values, strategy, and practice in-line with CIPS’ Corporate Code of Ethics. ROSHN is eligible to display the Kitemark for 12 months, after which its ongoing commitment to CIPS’ standards will be reassessed.

“At ROSHN we are committed to our values of trust, integrity, and responsibility in all our work. The CIPS Ethical Kitemark is testament to the way our team live these values in their day-to-day work, exemplifying the highest standards of professional conduct. This achievement is not just a badge of honour; it aligns seamlessly with our broader vision of being industry leaders who prioritise ethical considerations in all our commercial endeavours, instilling trust among our stakeholders and partners cementing our reputation as a client of choice,” said David Grover, ROSHN’s Group CEO.

ROSHN’s Commercial Team, led by Tayeb Sunhouri, drove ROSHN’s Kitemark accreditation process, demonstrating ROSHN’s wider alignment with CIPS’ Corporate Code of Ethics. This includes company-wide understanding and commitment to business ethics, laws, and regulations across the organisation; conducting all business relationships with respect, honesty, integrity, and safety while actively supporting corporate social responsibility (CSR); demonstrating professionalism to drive unethical practices from the supply chain, including safeguarding key environmental standards; and accepting accountability and taking ownership of business ethics through a culture of leading by example.

The CIPS Kitemark follows ROSHN’s achievement of a range of other key standards and kitemarks in 2023, including seven International Standard Organisation (ISO) certifications and the Diamond Mostadam green building rating. ROSHN also recently became the first PIF-backed giga project to join the UN Global Compact on sustainable and socially responsible business policies.