ACWA Powers obtains Chartered Institute of Procurement & Supply (CIPS) accreditation for excellence in procurement and supply chain management – EQ Mag Pro

First power and water company in the region to gain PEP Standard by CIPS – the world’s largest professional body dedicated to the procurement and supply profession, with a global network of over 70,000 members.

Riyadh, Saudi Arabia, 19 December 2021: ACWA Power, a leading developer, investor, and operator of power generation, green hydrogen, and desalinated water plants worldwide, obtains the world-class CIPS Procurement Excellence Programme (PEP) Award, following a rigorous evaluation process of the company’s procurement and supply chain management processes.

ACWA Power and NOMAC – ACWA Power’s wholly-owned subsidiary and operations & maintenance (O&M) arm – have undergone a 12-month assessment and evaluation period to ensure the companies’ procurement and supply practices are up to global excellence standards, particularly following the pandemic, which significantly impacted supply chains. The accreditation awarded to ACWA Power is a stamp of approval on supplier diversity, supplier relationship management, risk mitigation, and sustainable procurement.