Saudi Electricity Co 2024 SR
The report outlines Saudi Electricity Company's (SEC) progress toward achieving net-zero emissions by 2050, aligned with Saudi Vision 2030. In 2024, the company achieved a 43% improvement in its S&P Global ESG score and integrated 6,551 MW of renewable energy capacity into the national grid. SEC launched a circular economy framework and a biodiversity management plan, while its paperless initiative saved an estimated 1.31 million sheets of paper monthly. Socially, the company increased female representation by 26.42% and reached its highest-ever employee engagement score. SEC also utilized green sukuks to fund smart meter deployment and renewable energy infrastructure, demonstrating a commitment to sustainable finance.
Company: Saudi Electricity Co
Sector: Utilities
Country: Saudi Arabia
Year: 2024
Type: SR
Pages: 158
Saudi Electricity Co
Sustainability Report
The report outlines Saudi Electricity Company's (SEC) progress toward achieving net-zero emissions by 2050, aligned with Saudi Vision 2030. In 2024, the company achieved a 43% improvement in its S&P Global ESG score and integrated 6,551 MW of renewable energy capacity into the national grid. SEC launched a circular economy framework and a biodiversity management plan, while its paperless initiative saved an estimated 1.31 million sheets of paper monthly. Socially, the company increased female representation by 26.42% and reached its highest-ever employee engagement score. SEC also utilized green sukuks to fund smart meter deployment and renewable energy infrastructure, demonstrating a commitment to sustainable finance.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees