Social Security Investment Fund issues 2024 sustainability report
SSIF Chairman Ezzedine Kanakrieh said the report reflects the Fund's strategic direction to embed sustainability in its investment philosophy by aligning financial performance with social and environmental impact. He noted that the Fund adopts a governance framework that prioritizes transparency, operational efficiency, and the long-term protection of Social Security subscribers' and retirees' assets.
According to Kanakrieh, the 2024 report outlines the Fund's alignment with sustainable development goals by incorporating clear performance metrics and objectives that support the Fund's broader institutional, social, and environmental responsibilities.
The report presents the Fund's sustainable investment model, which aims to strike a balance between financial returns and development outcomes. This includes diversifying investment portfolios across sectors and regions, expanding long-term projects with socioeconomic impact, and reinforcing the Fund's role as a prudent and impartial asset manager.
It also details SSIF's initiatives in human capital development, particularly efforts to enhance institutional capacity, improve staff performance, and promote gender inclusion in leadership roles. The report highlights advancements in digital transformation, in line with the national strategy, to streamline operations and strengthen governance and service delivery.
Further, the report provides a comprehensive overview of the Fund's financial performance, social and economic contributions, and the geographic and sectoral allocation of investments.
The Fund emphasized that the report demonstrates its institutional maturity in voluntary disclosure and governance enhancement, contributing to stakeholder confidence, intergenerational equity, and sustainable national economic development. Petra

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Ammon
4 hours ago
- Ammon
ASE closes higher by 0.52 percent
Ammon News - The Amman Stock Exchange (ASE) concluded Wednesday's trading session with a 0.52 percent rise, closing at 2,898 points. The volume of traded shares stood at approximately 5.4 million, with a total trading value of around JOD 9.2 million executed through 3,732 transactions. Out of the companies whose shares were traded, 37 recorded gains, 28 saw declines, and 36 remained unchanged. Petra

Ammon
5 hours ago
- Ammon
Local gold market sees stability with 21-karat price at JD69.3
Ammon News - Wednesday, the price of gold in local market stabilized after an increase by 70 piasters on Tuesday evening, according to the General Syndicate of Owners of Trade and Jewelry Shops. The selling price for 21-karat gold recorded JD69.30 per gram in local market on Saturday, while the purchase price is JD67.10, according to the Jordanian Jewellers Syndicate (JJS), according to the General Syndicate of Owners of Trade and Jewelry Shops. The selling price of gold per gram for 24-karat and 18-karat reached JD79.30 and JD61.70 respectively. The selling price of a gram of 14-karat gold reached JD46.80.

Ammon
5 hours ago
- Ammon
GAM launches public transport trip planner via Google Maps
Ammon News - The Greater Amman Municipality (GAM) announced the launch of a trip planning feature for public transport operated by Amman Vision Transport Company, including the Bus Rapid Transit (BRT) and Amman Bus, through the Google Maps application. The new service allows residents and visitors to plan trips using public buses with greater ease and flexibility, an important step toward enhancing the public transport experience and advancing the digital transformation of mobility services. Yousef Shawarbeh, Chairman of the Greater Amman Municipality Committee, said this marks the first initiative of its kind in Jordan and places Amman among the first cities in the region to integrate public transport data with global digital mapping platforms. He explained that the feature provides real-time information on bus routes, departure and stop times, and route connections, contributing to improved commuting efficiency and increased reliance on public transportation. Shawarbeh attributed the achievement to the sustained institutional efforts of GAM personnel under a comprehensive development plan to modernize public transport services, adopt smart systems, and apply global best practices in urban mobility. He noted that the initiative falls within the framework of the "Amman Smart City" strategy, which seeks to integrate technology and smart city applications across various municipal services, particularly in public transport, thereby enhancing infrastructure efficiency and aligning with digital transformation objectives. Petra