Companies exercise their social responsibility when they voluntarily incorporate societal, environmental and economic development into their strategy and daily practices in their dealings with stakeholders on the basis of sustainability, responsibility and transparency in a way that benefits broad sectors of people, the environment and the state in general and in view of the difference that corporate social responsibility programs make in society from In terms of its positive impact on the beneficiaries, and to impart a kind of commitment, the State of Qatar has been keen to urge the business sector to participate in human, social, economic and environmental development and to impart a kind of institutional commitment through the issuance of relevant decisions and laws, for example:
Law No. (13) of 2008 stipulates that: An amount equivalent to 2.5% of the annual net profits of joint stock companies shall be allocated to support sports, cultural, social and charitable activities.
According to the Emiri Decree No. 44 of 2010, issued by His Highness Sheikh Tamim bin Hamad Al Thani to establish a fund to support sports, cultural, social and charitable activities, and from this standpoint the award came as the first initiative of its kind in the State of Qatar, as it was launched by the Orient House for Printing and Publishing to establish a culture of social responsibility and good citizenship. For companies, create institutional frameworks for this responsibility