In recognition of the importance of PADICO HOLDNG role in supporting economic development in Palestine, and the need of the Palestinian society to develop and sponsor small projects and creative initiatives, Our Company demonstrated the utmost commitment to social responsibility towards main segments of the society such as youth and women among the other less privileged and disadvantaged segments and important sectors such as education and culture. PADICO HOLDING has been incorporating a well-developed concept of systematic social responsibility with a sustainable development dimension as value system and a principled approach. All in all, realizing the dynamic promising potential of this responsibility will fortify the pillars of the Palestinian society, mainly the younger generation tasked with building the Palestinian economy and paving the way for a better future.
Inspired by this unique vision since its inception, PADICO HOLDING has been committed to implementing and supporting outstanding community programs that have made it one of the leading Palestinian national institutions in the field. Over the last 22 years, PADICO HOLDING has been keen to develop, enrich and diversify its community programs, Including economic, social, educational, technical, and cultural and entrepreneurship sectors. Our Company manifested special interest in the youth who has the potential for any real renaissance.
As part of its commitment, PADICO HOLDING voluntarily joined the United Nations Global Compact (UNGC), which imposes strict social responsibility obligations both at the company's internal level and at the community level.
PADICO HOLDING community-based strategies share four major characteristics:
First: conducting preemptive study of status-quo of the community
Ahead to launching any community initiative, PADICO HOLDING seeks to explore the community status to set priorities and sectors of much need for support and development. Community programs adaptation is based on observation.
Second: sustainability and the strategic approach
PADICO HOLDING community-based initiatives are principled as long-term strategies and methodologies, alike many PADICO ongoing initiatives. The company has adopted this approach out of thoughtful evaluation of the minimal tangible impact and benefit of the temporary individual community activities on the developmental process or community level. Tangible well-grounded development in any area can be only achieved through long-term projects, to allow the process of development become self-sustaining. Needless to say that short and long term societal attitudes have always shown random short term developmental projects always have temporary effects. As a result, wide sectors of the community are deprived from sustainable effects.
Third: deliberate development assistance for vital influential sectors
PADICO HOLDING is committed to providing deliberate development assistance to vital sectors at the core of the developmental process, mainly education, economy, culture, leadership, youth and arts. Accordingly, PADICO HOLDING is capable of achieving long-term viability that will benefit wide segments of the community and foster a better future for our homeland.
Fourth: Partnership and institutionalization of community work
PADICO HOLDING corporate social responsibility programs are basically characterized by institutional community partnership which opens the doors wide for exchanging experiences, consultations and sharing ideas; and making the utmost benefit from the experiences of specialized institutions. Most likely, their community contributions are institutionalized and an integrated joint effort that achieves a sustainable social impact is developed. Recalling back, PADICO HOLDING consciously realizes the deficiencies of the individual work, both at the level of lack of experience - in a particular area, or in practice. PADICO HOLDING has woven a wide and deep network of relationship; it launched several joint initiatives with partners in official institutions, private and community sectors as well as international institutions.