Our sustainability vision
To be the top-five family-owned businesses with a nature positive portfolio by 2030
Omnipreneurship is presented by Al-Dabbagh Group’s current Chairman and CEO, His Excellency Amr Al-Dabbagh in the Simon & Schuster published book, “Omnipreneurship: An Organized Approach to Living a Life of Meaning”.
“We will achieve our nature-positive vision through our philosophy of Ominpreneurship, with its principles of giving, earning and sustaining. People sometimes challenge us over what forms giving, earning, and sustaining should take, given we are a for-profit group. We grow and distribute food, operate discount stores, manufacture packaging, offer automotive services, and much more. Some might ask whether we can strike the right balance of giving, earning, and sustaining.
Every company in the group’s portfolio is focused on growing, while promoting a sustainable future and earning enough to invest in our philanthropic efforts. Each business is very conscious of the short- and long-term impacts of the choices they make. We constantly ask if our actions are making a better world. We humbly suggest that they are.”
HIS EXCELLENCY, AMR AL-DABBAGH
“Our bold vision of making our investment portfolio nature-positive by 2030 reflects our commitment to sustainability and our desire to drive meaningful change in the region and the wider world.”
PATRICK MEYER, CHIEF SUSTAINABILITY OFFICER, AL-DABBAGH GROUP
Omnipreneurship Our Guiding Principles
Omnipreneurship is an entrepreneurial approach for every aspect of life, and it guides our approach to sustainability across the group.
In a world where the pace of change, and the degree of interdependence, have never been greater, we need to redirect our energies away from a narrowing definition of entrepreneurship that focuses on starting an innovative business to quickly harvest personal profit.
Omipreneurship is about reclaiming the characteristics of entrepreneurship such as pluck, competitiveness, a willingness to take risks, imagination, hunger, creativity, and, most important, vision for the greater good. It is about releasing that spirit of entrepreneurship from its shackles and applying all those admirable characteristics in a much bigger way to everything we do.
Sustaining: Investing in the future
Sustaining is about investing in those who will carry the torch. It is the care of our resources and our planet for the promise for a brighter future.
For example, through its circular-economy model, Tanmiah Food Company integrates our sustaining principle into its day-to-day activities. Converting millions of tonnes of waste chicken manure and water into food for their one million tree initiative. Saving 65,000 tonnes of carbon a year and sequestering more through the trees.
Electromin and Hydromin are two subsidiaries of our Petromin business that are exploring ways to move away from conventional energy sources.
Earning: Thriving today, for tomorrow
Earning is energy. Earning is about gathering the fuel and resources we need to thrive. Earning is exhilarating. When we earn knowledge, reputation, respect, partnership, and wealth, we are stoking our fire and the fire of our community for today and tomorrow.
At Al-Dabbagh Group we have an ambition for all the companies in our group to operate a fully sustainable business model. This extends to developing sustainability investment criteria for our future partnerships or investments.
This is illustrated by our acquisition of packaging business FPS who integrates their sustainability strategy into all aspects of their operations to ensure they are reducing emissions and combating climate change to the fullest extent.
Giving: A sense of purpose
Giving is the purpose of life. It gives meaning to our existence here on earth. At Al-Dabbagh Group we give our compassion and respect to others. And we give resources, time, and money as we are able.
The businesses within Al-Dabbagh Group are guided by a principle of giving which is not divorced from the core activities but integral.
With the knowledge that locally-led organizations are our most critical drivers of sustainable change we have created Philanthrophy University to help these organizations who very often have limited access to resources – whether it be learning opportunities, peer support or funding.