ACWA Power Co 2020 SR
The report highlights ACWA Power's 2020 sustainability performance and the development of its new ESG strategy. Key commitments include achieving net-zero emissions by 2050, reducing GHG emission intensity by 50% by 2030, and reaching a 50/50 green/brown power generation ratio by 2030. The company expanded its renewable portfolio with significant projects like the 1,500 MW Sudair PV and the world's largest green hydrogen project in NEOM. Despite the COVID-19 pandemic, ACWA Power maintained operational excellence, achieving its lowest-ever Lost Time Injury (LTI) rate and pledging SAR 50 million to Saudi Arabia's health efforts. The report also details the implementation of the TCFD framework and alignment with ten UN Sustainable Development Goals.
Company: ACWA Power Co
Sector: Energy utilities
Country: Saudi Arabia
Year: 2020
Type: SR
Pages: 48
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ACWA Power Co
Sustainability Report
The report highlights ACWA Power's 2020 sustainability performance and the development of its new ESG strategy. Key commitments include achieving net-zero emissions by 2050, reducing GHG emission intensity by 50% by 2030, and reaching a 50/50 green/brown power generation ratio by 2030. The company expanded its renewable portfolio with significant projects like the 1,500 MW Sudair PV and the world's largest green hydrogen project in NEOM. Despite the COVID-19 pandemic, ACWA Power maintained operational excellence, achieving its lowest-ever Lost Time Injury (LTI) rate and pledging SAR 50 million to Saudi Arabia's health efforts. The report also details the implementation of the TCFD framework and alignment with ten UN Sustainable Development Goals.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees