Saudi Electricity Co 2020 SR
The report highlights Saudi Electricity Company's (SEC) sustainability performance for 2020, focusing on its transition to a low-carbon economy and its response to the COVID-19 pandemic. Key achievements include the issuance of a USD 1.3 billion international Green Sukuk, the first for a utility in the Middle East, and a 1,374% increase in renewable energy production from Independent Power Producers. SEC also completed a significant portion of its Smart Meter Project, installing over 10 million meters to enhance energy efficiency. The company achieved a 93% workforce nationalization rate and donated SAR 30 million to combat COVID-19. Environmental efforts led to a 12% reduction in greenhouse gas emissions intensity compared to 2019.
Company: Saudi Electricity Co
Sector: Energy utilities
Country: Saudi Arabia
Year: 2020
Type: SR
Pages: 37
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Saudi Electricity Co
ESG Report
The report highlights Saudi Electricity Company's (SEC) sustainability performance for 2020, focusing on its transition to a low-carbon economy and its response to the COVID-19 pandemic. Key achievements include the issuance of a USD 1.3 billion international Green Sukuk, the first for a utility in the Middle East, and a 1,374% increase in renewable energy production from Independent Power Producers. SEC also completed a significant portion of its Smart Meter Project, installing over 10 million meters to enhance energy efficiency. The company achieved a 93% workforce nationalization rate and donated SAR 30 million to combat COVID-19. Environmental efforts led to a 12% reduction in greenhouse gas emissions intensity compared to 2019.
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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:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Employees