Al Jouf Agricultural Development Q3 profit SAR 19.928 million – MarketScreener

Corporate Profile and SDG Alignment: Al-Jouf Agricultural Development Company SJSC

Company Overview

Al-Jouf Agricultural Development Company SJSC is a Saudi Arabia-based entity focused on diversified agricultural production. The company’s operations encompass plant and animal agriculture, manufacturing, and the marketing of its products through approximately six branches.

Contribution to Sustainable Development Goals (SDGs)

The company’s core business activities align with several United Nations Sustainable Development Goals (SDGs), primarily through its focus on food security, sustainable resource management, and biodiversity.

SDG 2: Zero Hunger

Al-Jouf contributes to achieving food security and promoting sustainable agriculture through the cultivation and production of essential food items.

• Production of staple crops including potatoes, sweet potatoes, and wheat.
• Cultivation of palm trees for date production.
• Farming of various other fruits and vegetables.

SDG 12: Responsible Consumption and Production

The company promotes sustainable production patterns by processing raw agricultural materials into value-added goods.

• Manufacturing of food products such as olive oil, pickled olives, and potato french fries.
• Utilization of agricultural byproducts for non-food items, including cosmetic soap and charcoal.

SDG 15: Life on Land

Al-Jouf’s activities support terrestrial ecosystems and biodiversity.

• Engagement in beekeeping and honey production, which supports vital pollinator populations.
• Sustainable cultivation of olive groves.

SDG 6: Clean Water and Sanitation

The company acknowledges the critical role of water in its operations, indicating a focus on sustainable water management within its agricultural practices.

• Direct involvement in “Water and Agriculture” as a core operational component.

SDG 8: Decent Work and Economic Growth

As a major agricultural enterprise, the company fosters economic growth by creating employment opportunities within its various operational segments.

• Operation across agricultural, manufacturing, and marketing sectors.
• Provision of specialized agricultural services.

Operational Segments and Product Portfolio

Business Segments

1. Agricultural Production (Plant and Animal)
2. Manufacturing
3. Marketing of Plant and Animal Products

Key Products

• Olive Oil Products
• Olives Products
• Potato French Fries
• Wheat
• Raw Potatoes
• Fruits and Vegetables

Analysis of Al-Jouf Agricultural Development Company’s Activities and SDGs

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 2: Zero Hunger

  The company is fundamentally an agricultural producer, directly contributing to the food supply. Its engagement in the cultivation of “potatoes and sweet potatoes, palm agriculture, dates production,” as well as “Wheat, Raw Potatoes, and fruits and vegetables,” directly addresses the goal of ending hunger and promoting sustainable agriculture.

• SDG 6: Clean Water and Sanitation

  The article explicitly lists “Water and Agriculture” as a business activity. This indicates a direct involvement in managing water resources for agricultural purposes, which is central to sustainable water management.

• SDG 8: Decent Work and Economic Growth

  As a company with multiple business segments (“agricultural production,” “manufacturing,” and “marketing”) and “six branches,” Al-Jouf Agricultural Development Company contributes to economic growth by creating products, generating revenue, and providing employment.

• SDG 12: Responsible Consumption and Production

  The company is involved in the entire production chain, from agriculture to manufacturing (“Potato French fries,” “olive oil,” “cosmetic soap”). Its stated focus on “Water and Agriculture” implies an effort towards sustainable production patterns and the efficient use of natural resources.

• SDG 15: Life on Land

  The company’s operations are land-based. Specifically, the mention of “beekeeping and honey production” is directly linked to this goal, as bees are crucial pollinators for maintaining biodiversity and the health of terrestrial ecosystems.

2. What specific targets under those SDGs can be identified based on the article’s content?

1. Target 2.1: End hunger and ensure access to safe, nutritious and sufficient food

   The company’s core business of producing a variety of food staples like wheat, potatoes, dates, fruits, and vegetables directly contributes to increasing the availability of food for the population.

2. Target 6.4: Substantially increase water-use efficiency across all sectors

   By identifying “Water and Agriculture” as a key activity, the company implies a focus on managing water resources effectively and efficiently within its agricultural operations to ensure sustainability.

3. Target 8.2: Achieve higher levels of economic productivity through diversification and upgrading

   The company demonstrates diversification by transforming raw agricultural products into value-added goods. For example, it processes olives into “olive oil and pickled olives” and “cosmetic soap,” and potatoes into “Potato French fries,” thereby increasing economic productivity.

4. Target 12.2: Achieve the sustainable management and efficient use of natural resources

   This target is connected to the company’s focus on “Water and Agriculture,” suggesting an approach that aims to use natural resources like water and land sustainably in its production processes.

5. Target 15.5: Take urgent and significant action to reduce the degradation of natural habitats and halt the loss of biodiversity

   The practice of “beekeeping” is a direct action that supports biodiversity. Bees are essential for pollination, which sustains plant life and ecosystems, thereby contributing to the protection of terrestrial ecosystems.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

1. Implied Indicator for Target 2.1: Volume of agricultural production

   The extensive list of products (“Olive oil products, Olives Products, Potato French fries, Wheat, Raw Potatoes, and fruits and vegetables”) implies that the quantity of food produced is a primary measure of the company’s contribution to food security.

2. Implied Indicator for Target 8.2: Diversity of products and business segments

   The article mentions distinct business segments (production, manufacturing, marketing) and a wide range of processed goods. The number and variety of these value-added products serve as an indicator of economic diversification and productivity.

3. Implied Indicator for Targets 6.4 and 12.2: Focus on water management practices

   While not providing specific data, the explicit mention of “Water and Agriculture” as a business area implies that water-use efficiency (e.g., water consumed per unit of crop yield) is a key performance indicator for the company’s operations.

4. Implied Indicator for Target 15.5: Scale of beekeeping operations

   The activity of “beekeeping and honey production” implies the maintenance of bee colonies. The number of hives or the volume of honey produced could serve as a proxy indicator for the company’s contribution to supporting pollinator populations and biodiversity.

Table of SDGs, Targets, and Indicators

Source: marketscreener.com