5. Savola Group

Established: 1979

Headquarters: Saudi Arabia

Group CEO: Waleed Khalid Fatani


The Savola Group’s Negaderha project is designed to reduce food waste through partnerships with the United Nations Environment Program, the Waste Resources Action Program, the Saudi Grains Organization, and Eta’am (the Saudi Food Bank). The group installed highly efficient LED lights in 108 Panda outlets in 2022, along with lighting timers in 163. Waste was reduced across Panda stores by 61% and CO₂ emissions by 78% in the same year. Savola has also been transitioning to sustainable refrigerants like R448a from R-22, which is planned to be completely phased out by 2030.

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