ACWA Power Co 2021 AR2
The report outlines ACWA Power's approach to risk management, strategy, and sustainability, highlighting its commitment to the global energy transition. The company has set targets to reduce its portfolio's greenhouse gas emission intensity by 50 percent by 2030 and to achieve net zero emissions by 2050. It integrates climate-related risks into its Enterprise Risk Management framework and aligns its reporting with the Global Reporting Initiative and the Taskforce on Climate-related Financial Disclosures. Additionally, the report details the company's risk governance model and mitigation strategies across various operational, financial, and environmental areas.
Company: ACWA Power Co
Sector: Energy utilities
Country: Saudi Arabia
Year: 2021
Type: AR2
Pages: 8
ACWA Power Co
The report outlines ACWA Power's approach to risk management, strategy, and sustainability, highlighting its commitment to the global energy transition. The company has set targets to reduce its portfolio's greenhouse gas emission intensity by 50 percent by 2030 and to achieve net zero emissions by 2050. It integrates climate-related risks into its Enterprise Risk Management framework and aligns its reporting with the Global Reporting Initiative and the Taskforce on Climate-related Financial Disclosures. Additionally, the report details the company's risk governance model and mitigation strategies across various operational, financial, and environmental areas.
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Document Details
Report Year
2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target