{"id":53612,"date":"2024-12-09T14:14:42","date_gmt":"2024-12-09T11:14:42","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=53612"},"modified":"2026-03-28T07:10:31","modified_gmt":"2026-03-28T04:10:31","slug":"saudi-investment-recycling-company-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy-goals","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/saudi-investment-recycling-company-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy-goals\/","title":{"rendered":"Saudi Investment Recycling Company to be First in Kingdom to Deploy SAP Sustainability Control Tower, Driving Circular Economy Goals"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>SIRC adopts RISE with SAP and cutting-edge SAP solutions to drive centralized, scalable<br>AI-infused operations, and build a solid foundation for introducing domestic carbon credits<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Seated: Abdulrahman AlObayed, Executive Vice President, HR &amp; Shared Services, SIRC, and Dr Fahd Nawwab, Vice President, SAP KSA. Standing: Rajagopal Seenivasan, Director, SAP Center of Excellence and Digital Transformation at SIRC; Hamza Al Nemer, IT and Digital Transformation Executive Director, SIRC; Adel Lafi, Director of Energy and Natural Resources, SAP Middle East and Africa \u2013 North; Rahmathulla Karuvathodi, Transformational IT Applications Leader, SIRC; and Ahmad Morad, Senior Client Executive, SAP Saudi Arabia.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>RIYADH, KSA \u2014 9 December<\/strong>&nbsp;\u2013 The Saudi Investment Recycling Company (SIRC), wholly owned by Saudi Arabia\u2019s Public Investment Fund (PIF), has signed an agreement with&nbsp;<a href=\"https:\/\/www.sap.com\/mena\/index.html\">SAP SE<\/a>&nbsp;(NYSE: SAP) to become the first customer in the Kingdom of Saudi Arabia to implement the SAP Sustainability Control Tower. This milestone underscores SIRC\u2019s commitment to pioneering sustainability within the Kingdom, aligning with Saudi Vision 2030 and laying the groundwork for its ambitious plans to become a chief enabler of domestic carbon credits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This partnership highlights SIRC\u2019s commitment to pioneering Saudi Arabia\u2019s sustainability landscape and accelerating the Kingdom\u2019s transition to a circular economy, underpinned by SAP\u2019s advanced technology and sustainability expertise. Building on their partnership, which began in 2022 with an initial ERP deployment, SIRC and SAP last year signed an MOU to deepen their collaboration to support SIRC\u2019s ambitious sustainability strategy, while also exploring how AI-infused solutions could enhance customer services and tackle industry-specific challenges.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This new agreement will see SIRC leverage RISE with SAP to drive AI-powered, scalable operations while establishing a solid data foundation to measure and report sustainability objectives via the SAP Sustainability Control Tower. SIRC will be able to track enterprise carbon footprints, measure sustainability metrics, and prepare for regulatory disclosures. The SAP Sustainability Control Tower enables seamless reporting across various global frameworks, supporting SIRC\u2019s mission to drive a sustainable economy in the Kingdom. Additionally, SIRC is leveraging SAP\u2019s Waste Management Industry Solutions to implement an innovative approach to waste collection and treatment, further aligning with Saudi Vision 2030\u2019s goals for sustainable environmental practices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr. Abdulrahman Alobayed, HR &amp; Shared Services Executive Vice President of SIRC commented: \u201cSIRC is&nbsp;the driving force behind circular economy investments, and we are known for spearheading innovative and transformative initiatives that pave the way for a cleaner, greener tomorrow. With SAP\u2019s cutting-edge solutions, we\u2019re building the foundation to monitor our environmental impact more effectively \u2013 advancing Saudi Vision 2030\u2019s goals and setting the stage for issuing local carbon credits to boost the Kingdom\u2019s sustainability achievements. At the same time, we\u2019re enhancing our services to customers and partners with a comprehensive suite of SAP AI-powered applications, including customer relationship management and industry-specific solutions.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In developing the digital transformation roadmap, SIRC and SAP identified three main objectives: creating a solid foundation for sustainability management; establishing an easily scalable service center for its subsidiaries; and deploying business AI to tackle industry-specific challenges and enhance customer services. The adoption of the Sustainability Control Tower and RISE with SAP, including AI-infused enterprise resource planning, customer relations management and industry-specific solutions, will satisfy all of these objectives,&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dr. Fahd Nawwab, Vice President, SAP Saudi Arabia, said: \u201cThis partnership with SIRC is a testament to SAP\u2019s commitment to helping our customers in Saudi Arabia realize their environmental and business goals with scalable, AI-powered solutions. We are proud to support SIRC\u2019s journey to establish a sustainable business model, creating the data transparency required to enable carbon credit trading in the Kingdom.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the coming months, SIRC and SAP will continue to expand their focus on customer experience through enhanced CRM platforms and rollout of SAP Concur for expense management, providing a comprehensive approach to sustainable, tech-enabled growth. Looking ahead, the companies plan to explore additional SAP solutions. This will include future-focused technologies for carbon management and Industry 4.0 advancements at SIRC\u2019s Reviva plant, which could serve as a model for other plants in the Kingdom and beyond.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Note to editors:<\/strong><br>To preview and download broadcast-standard stock footage and press photos digitally, please visit&nbsp;<a href=\"http:\/\/www.sap.com\/photos\">www.sap.com\/photos<\/a>.&nbsp;On this platform, you can find high resolution material for your media channels.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>For customers interested in learning more about SAP products:&nbsp;<\/strong><br>Global Customer Center: +49 180 534-34-24<br>United States Only: 1 (800) 872-1SAP (1-800-872-1727)<strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>For more information, press only:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Husain Al Tamimi, SAP +971 56 6811641,&nbsp;<a href=\"mailto:husain.tamimi@sap.com\">husain.tamimi@sap.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Claire McPeak, SAP, +971 50 554 1302,&nbsp;<a href=\"mailto:c.mcpeak@sap.com\">c.mcpeak@sap.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Michelle Oribello, Wallis, +971 56 783 3877,&nbsp;<a href=\"mailto:sap@wallispr.com\">sap@wallispr.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"mailto:SAP%20Press%20Room\">SAP Press Room<\/a>;&nbsp;<a href=\"mailto:press@sap.com\">press@sap.com<\/a><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Please consider our&nbsp;<a href=\"https:\/\/www.sap.com\/corporate\/en\/legal\/privacy.html\">privacy policy<\/a>. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact&nbsp;<a href=\"mailto:press@sap.com\">press@sap.com<\/a>and write Unsubscribe in the subject line.<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>SIRC adopts RISE with SAP and cutting-edge SAP solutions to drive centralized, scalableAI-infused operations, and build a solid foundation for introducing domestic carbon credits Seated: Abdulrahman AlObayed, Executive Vice President, HR &amp; Shared Services, SIRC, and Dr Fahd Nawwab, Vice President, SAP KSA. Standing: Rajagopal Seenivasan, Director, SAP Center of Excellence and Digital Transformation at [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":53613,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":19,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[442,24],"tags":[],"class_list":["post-53612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apps","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This 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