ADES Holding Co 2023 SR
The report highlights ADES Holding's 2023 performance, marked by its IPO on the Saudi Exchange and a significant expansion of its global fleet to 67 active rigs. Key achievements include a 19% reduction in GHG emissions intensity and a Total Recordable Incident Rate (TRIR) of 0.09, significantly outperforming industry benchmarks. The company introduced the RIGEYE AI-driven safety system and the Core ADES Management System (CAMS) to enhance operational efficiency and safety. Socially, ADES increased its workforce to over 8,000 employees and tripled its community investment to SAR 17.33 million. The report follows GRI standards and aligns with Saudi Vision 2030.
Company: ADES Holding Co
Sector: Mining & quarrying
Country: Saudi Arabia
Year: 2023
Type: SR
Pages: 63
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ADES Holding Co
Sustainability Report
The report highlights ADES Holding's 2023 performance, marked by its IPO on the Saudi Exchange and a significant expansion of its global fleet to 67 active rigs. Key achievements include a 19% reduction in GHG emissions intensity and a Total Recordable Incident Rate (TRIR) of 0.09, significantly outperforming industry benchmarks. The company introduced the RIGEYE AI-driven safety system and the Core ADES Management System (CAMS) to enhance operational efficiency and safety. Socially, ADES increased its workforce to over 8,000 employees and tripled its community investment to SAR 17.33 million. The report follows GRI standards and aligns with Saudi Vision 2030.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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:
Total Waste
Employees