SIRC adopts cutting-edge SAP solutions to drive centralized, scalable AI-infused operations
The Saudi Investment Recycling Company (SIRC), wholly owned by Saudi Arabia’s Public Investment Fund (PIF), has signed an agreement with SAP SE to become the first customer in the Kingdom of Saudi Arabia to implement the SAP Sustainability Control Tower.
This milestone underscores SIRC’s 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.
This partnership highlights SIRC’s commitment to pioneering Saudi Arabia’s sustainability landscape and accelerating the Kingdom’s transition to a circular economy, underpinned by SAP’s advanced technology and sustainability expertise.
Partnership
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’s ambitious sustainability strategy, while also exploring how AI-infused solutions could enhance customer services and tackle industry-specific challenges.
“With SAP’s cutting-edge solutions, we’re building the foundation to monitor our environmental impact more effectively – advancing Saudi Vision 2030’s goals and setting the stage for issuing local carbon credits to boost the Kingdom’s sustainability achievements,” commented Abdulrahman Alobayed, HR & Shared Services Executive Vice President, SIRC.
“This partnership with SIRC is a testament to SAP’s commitment to helping our customers in Saudi Arabia realize their environmental and business goals with scalable, AI-powered solutions,” noted Dr. Fahd Nawwab, Vice President, SAP Saudi Arabia.
