Sustainability

Welcome to our sustainability portal.

Sustainability has always been a part of what Renaissance does – long before concepts like ‘sustainability’ or ‘ICV’ were buzzwords, our business model was putting safety first and focusing on how improving efficiency makes us stronger and more competitive.

Today, our working ethos of Safe, Efficient, Green, Local underpins our sustainability approach:

Safe
no harm to people

Efficient
growing and working efficiently

Green
no harm to the environment

Local
serious about In-Country Value

 

In-Country Value

Renaissance sources locally and invests locally, particularly in developing talent. Below, you will find information on two programmes we run here in Oman and on our corporate social investment.

Overseas Training Programme

Our overseas training programme was started in 2013 to provide Omanis with the opportunities to get accredited qualifications at international universities, so they can develop their skills and experience and bring that training back into the Oman economy.

Our overseas students are currently studying for:

1. Advanced Diploma in Hospitality Management
Campus CAHM/WAI (Sri Lanka)
Certification from William Angliss Institute Melbourne Australia

2. BSc Applied Accountancy
Institute Chartered Accountants Sri Lanka (Sri Lanka)

3. City & Guilds Diploma in Bakery & Pastry Arts
Academy Pastry Arts India

The 2016 programme is closed. However, you are welcome to leave your details for our 2017 training

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Musnad

Our programme for small and medium size enterprises (SME) here in Oman offers them guidance and support to compete to become part of our supply chain.

How does it work?
The programme is open to Omani-owned and operated SMEs and to Omanis who want to form a new SME, if they are able to provide any of the goods or services we buy or outsource.

For an SME to grow strong it is important that the business is competitive, so we will guide you on how to compete for Renaissance business by being as good as, or better than, imported goods or services in terms of SAFETY, SPEED, QUALITY and PRICE. We will help you understand our requirements in each of these measures. We will help you plan for a guaranteed volume of business. We will pay you promptly; and, in some cases, we may be able to pay you in advance to get you started.

Am I an SME?
We use the European Commission definition of SME, which has three categories:

  • Micro businesses employing up to 10 people
  • Small businesses employing up to 50 people
  • Medium businesses employing up to 250 people

Examples of our requirements:

  • Food items (fruits & vegetables, fresh fish, fresh mutton, dairy products, bakery products, soft drinks, mineral water and dates)
  • Supply of drinking water by tanker
  • Supply of cooking gas
  • Garbage/Sewage disposal
  • Disposables/Cleaning materials
  • Uniforms
  • Transport services
  • Vehicle leasing
  • Plant and equipment leasing
  • Medical services
  • Landscaping
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For more information, you can fill out this form

Corporate Social Investment

"We commit to lend our best efforts to improve and assist the communities in which we serve and the countries and markets in which we operate. We commit to provide employment opportunities to local workforces. We must not reap where we have not sown."

- From the Renaissance CSR policy

Supporting Corporate Social Responsibility (CSR) is a core part of our Renaissance character and we want our stakeholders to have a clear understanding of the value we see in our CSR spend. The Renaissance CSR policy is that we should set aside for CSR activities an amount that is a minimum of either 1% of the previous year's net profit, or 250,000 Rials. Any amount unspent in a particular year will be rolled-forward and added to the subsequent year.

How do we select programmes to support?
Renaissance expects our sponsorship of CSR activities to generate value, just like any other form of investment. This value can be measured in a variety of ways, so our CSR investments are always associated with an expected impact on particular demographies and social causes.

CSR is high profile in Oman and there are a wide range of valuable causes to choose between.

Renaissance offers its support to organizations who reflect our values and principles, but we also recognise that CSR is dynamic and we want to be responsive during the year: if an organization approaches us with a good idea for a cause outside our mainstream areas, we will listen to the proposal and decide on whether to support its value, based on the merits of each case.


Our commitment to Oman and our sustainability ethos are at the core of our CSR programme:

This video shows Renaissance CSR investment being put to work on a great project by the Environment Society of Oman to raise awareness of our coastal environment and study its marine life, including the unique Arabian Humpback Whale.

 
Safe No harm to people
Efficient Cost-effective, quality services
Green No harm to the environment
Local Serious about In-Country Value

You can find out more about our CSR programme in the sustainability microsite