SABIC has been recognised as one of the world’s most valued employers by the Top Employers Institute, scoring the ‘Top Employers Asia Pacific 2016’ accolade for the third consecutive year, as well as scoring ‘Top Employer 2016’ across five of the company’s key Asian markets, namely China, India, Japan, South Korea and Singapore.
“Winning the Top Employer Asia Pacific Award for the third consecutive time has reaffirmed our commitment to be an ‘Employer of Choice’ and further contributes to our vision of being the ‘Preferred Global Leader in Chemicals’,” said Janardhanan Ramanujalu, Vice President, SABIC South Asia & ANZ. “At SABIC, we place talent development at the centre of our growth strategy and also nurture their ability to improve the communities in which they work through volunteering opportunities in the community.”
In addition to earning the ‘Top Employer’ certification in India, Japan, South Korea and Singapore for the third year running, this also marks the sixth consecutive year SABIC is recognized as one of the ‘Top Employers’ in China – a clear reflection of the company’s steadfast commitment to its employees and their professional development.
“Human capital is the most vital asset within a high performing organization. At SABIC, we believe in nurturing an inclusive environment that encourages innovation, excellence and organization effectiveness, with a strong focus in employees’ development. We will continue to push the boundaries to make work meaningful for our employees,” said Lee Min Yin, Senior Director, Human Resources, Asia Pacific, SABIC.
Created in 1991, the ‘Top Employers’ certification follows a rigorous process including an audit by independent audit, tax and advisory firm Grant Thornton, and comprehensively evaluates the participating company’s human resource standards and practices against an international benchmark. The specific areas of benchmarked are in strategy, policy implementation, communication of employee conditions and talent development.
Dennis Utter, Global Business Director for the Top Employers Institute, commented, “Our extensive research concluded that SABIC Asia Pacific forms part of a select group of employers that advance employee conditions worldwide. Their people are well taken care of. It is commendable that SABIC has repeatedly received the Top Employers Asia Pacific certification, and remains at the top of an exclusive group of the world’s best employers.”
SABIC’s commitment to nurturing promising talent through selected talent programs that provide opportunities for leadership development, organisational networking, employee empowerment, cross-functional collaboration and employee volunteering. SABIC’s commitment to enhancing the Employee Value Proposition for its employees through employee friendly policies, health & wellbeing, skills and knowledge enhancement, the company’s strong corporate values as well as the commitment to the local communities underscores the Company’s foundation of Growth Strategy is based on focussed People & Talent Development.
NOTES TO EDITORS
- SABIC should be written in every instance in all uppercase.
- High-resolution photos are available upon request.
- For more information on the ‘Top Employers’ certification, please visit http://www.top-employers.com
ABOUT SABIC Saudi Basic Industries Corporation (SABIC) ranks as the world’s third largest diversified chemical company. The company is among the world’s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and agri-nutrients.
SABIC recorded a net profit of SR 23.3 billion (US$ 6.2 billion) in 2014. Sales revenues for 2014 totalled SR 188.1 billion (US$ 50.2 billion). Total assets stood at SR 340 billion (US$ 90.7 billion) at the end of 2014.
SABIC’s businesses are grouped into Chemicals, Polymers, Agri-Nutrients, Metals and Innovative Plastics. It has significant research resources with innovation hubs in five key geographies - USA, Europe, Middle East, South East Asia and North East Asia. The company operates in more than 50 countries across the world with around 40,000 employees worldwide.
SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.
Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent publicly traded on the Saudi stock exchange.
ABOUT SABIC IN ASIA Established in the 1980s, SABIC Asia has over 40 offices and close to 3,000 employees across the region. With 10 manufacturing and compounding sites in China, India, Japan, Republic of Korea, Malaysia, Singapore and Thailand, SABIC constantly strives to better serve our customers in the Asian region. A leading global organization in research and technology, we have two Application Centers in Moka, Japan and Sungnam, Republic of Korea and three new Technology Centers in Bengaluru, India, Shanghai, China and Suwon, Republic of Korea. Today, Asia is SABIC’s fastest growing region globally with strong double-digit growth.
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