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Social Responsibility at MIDAS SUPPLY Trading

  • Writer: Сергей Фадаев
    Сергей Фадаев
  • Oct 4, 2024
  • 3 min read

At MIDAS SUPPLY Trading, we believe that our commitment to social responsibility extends beyond business operations. We actively engage with local stakeholders, communities, and partners to foster relationships that reflect our values and interests.


Our mission is to mitigate the impacts of our operations while supporting economic growth and community development in the regions we serve.


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Engaging Local Stakeholders

Building Trust and Respect

We prioritize early and consistent engagement with those who influence or may be affected by our business. By doing so, we aim to build trust, earn respect, and develop mutually beneficial relationships. Our engagement efforts encompass:

  • Community Outreach: Initiating dialogues with local communities to understand their needs and concerns.

  • Feedback Mechanisms: Establishing channels for stakeholders to voice their opinions and suggestions, ensuring their perspectives are integrated into our decision-making processes.


Collaborating with Diverse Entities

Multi-Stakeholder Engagement

Our approach to social responsibility includes collaboration with a broad spectrum of stakeholders, such as:

  • Government Bodies: Partnering with local and national authorities to align our operations with regulatory frameworks and community needs.

  • Non-Governmental Organizations: Working with NGOs to address social issues and support community initiatives.

  • Academic Institutions: Engaging with universities and research centers to contribute to knowledge sharing and innovation.

  • Industry Associations: Collaborating with peers in the industry to promote sustainable practices and social responsibility.


Creating Shared Value

Personalized Approach to Community Development

At MIDAS SUPPLY Trading, we strive to create shared value for our stakeholders and the communities in which we operate. Our initiatives include:

  • Economic Development Programs: Investing in local economies by sourcing materials and services from local businesses, which stimulates growth and job creation.

  • Skill Development Initiatives: Providing training and development opportunities for community members, enhancing their skills and employability.


Commitment to Human Rights

Valuing Human Rights in Our Operations

We are dedicated to upholding human rights within our operations and supply chain. Our commitment encompasses:

  • Fair Labor Practices: Ensuring equitable treatment for all employees and partners, promoting diversity and inclusion.

  • Advocacy for Rights: Actively participating in initiatives that advocate for human rights and ethical standards in business practices.


Safety, Health, and Security

Working Responsibly and Safely

The safety and well-being of our employees and stakeholders are paramount. We implement comprehensive safety measures and health protocols, including:

  • Risk Assessment Procedures: Regularly evaluating operational risks to ensure a safe working environment.

  • Health and Safety Training: Providing continuous training to our staff on safety practices and emergency response.


Established over 20 years ago and headquartered in Dubai, MIDAS SUPPLY Trading has become a trusted supplier of parts and equipment across the UAE and Saudi Arabia, as well as in Azerbaijan through partnerships with leading companies like SOCAR. Our vast experience spans numerous large-scale projects, demonstrating our capability and reliability in the industry.


We are proud to have a large team of specialists and an extensive network of experts worldwide, ensuring we meet our clients' needs with exceptional service and quality. Our commitment to sustainability and community engagement drives us to create positive impacts in the regions we operate.


At MIDAS SUPPLY Trading, we are dedicated to positively impacting the communities we serve through responsible engagement, collaboration, and a steadfast commitment to social responsibility. We understand that our success is intertwined with the well-being of the communities we operate in, and we remain committed to making a difference.

 
 
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