Red Sea Global Recognized with Major International Standard for Business Resilience
Award of the ISO22301:2019 certification acknowledges pandemic successes in development of ambitious tourism projects.
Riyadh, (11 April 2022): Red Sea Global (formerly know as TRSDC), the developer behind two of the world’s most ambitious regenerative tourism projects, The Red Sea and Amaala, has achieved ISO22301:2019 Security and resilience – Business continuity management systems’ certification, awarded by the prestigious British Standards Institution (BSI).
This internationally renowned certification recognizes the achievement of Red Sea Global (RSG) in guiding development of its flagship project, The Red Sea, despite significant challenges presented by the coronavirus pandemic, and reflects RSG’s commitment to meeting and exceeding existing international standards. It also demonstrates RSG’s ambition to set new responsible business benchmarks across its developments, with the certification achieved with zero non-conformities and zero comments from the BSI.
“Despite impacted supply chains for construction materials and significant disruption of public health and global tourism systems, we did everything in our power to protect the health and wellbeing of our employees, while maintaining progress on site. We are honored to see this work recognized by the British Standards Institution.”
RSG built a full Business Continuity Management System and developed this existing framework to address the challenges posed by the pandemic. This included creating temporary accommodation for social-distancing employees, along with temperature checks and screening programs for site-based personnel.
A program of over 45,000 online meetings and 15 live webinars was delivered to ensure employees were fully updated on all testing, quarantine and border requirements, helping workers to travel from the project site and maintain contact with their friends and family.
“On behalf of BSI, I offer my congratulations to TRSDC on demonstrating that it continues working according to recognized best practices. Business Continuity Management (BCM) has become a vital discipline, bringing benefits that go far beyond helping organizations recover from unexpected disruptions. A robust BCM process offers advantages such as process improvements to business expansion and brand enhancement".
said Abdullah Alabdulwahid, General Manager of the BSI Group in Saudi Arabia.
As a result of RSG’s holistic approach, over 8,000 employees and contractors were able to continue making significant progress in developing its flagship project during the pandemic. This includes the signing of more than 800 contracts for The Red Sea alone, worth in excess of SAR 20 billion (5.33bn USD) to date.
The approach also ensured the long-term wellbeing of employees in the face of coronavirus, with herd immunity enabled for between 95% and 98% of the RSG community.
The Business Resilience Gold Management Committee, which is comprised of RSG’s senior Executive Management team, helped spearhead the developer’s changes and oversaw compliance to international standards for business resilience. RSG will retain this Command and Control structure to effectively deal with future crisis responses.
The Red Sea has already passed significant milestones and work is on track to welcome the first guests by the end of 2022. Phase one, which includes 16 hotels in total, will complete in 2023.
Upon completion in 2030, The Red Sea will comprise 50 resorts, offering up to 8,000 hotel rooms and more than 1,000 residential properties across 22 islands and six inland sites. The destination will also include an international airport, luxury marinas, golf courses, entertainment, and leisure facilities.
About Red Sea Global
Red Sea Global (RSG - www.redseaglobal.com) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) ofSaudi Arabia.
RSG is a global multi-project developer, seeking to lead the world towards a more sustainable future, showing how responsible and regenerative development can uplift communities, drive economies, and enhance the environment. The protection of natural capital is central to all development decisions, as the organization seeks to create abetter future for all.
A cornerstone of Saudi Arabia’s Vision 2030 ambition to diversify its economy, RSG is playing a key role in transforming the nation, by creating exciting opportunities for young Saudi talent and the private sector, as it develops built assets and destinations across multiple sectors that make a positive impact for people and planet.
RSG is the visionary company behind some of the world’s most ambitious development ventures, including luxury regenerative tourism destinations such as The Red Sea and AMAALA.
Across its portfolio, RSG leverages the most innovative concepts, strategies, and technologies to deliver projects that actively enhance the wellbeing of customers, communities, and environments.