Saudi Electricity Co 2022 SR
The report highlights Saudi Electricity Company's (SEC) progress in 2022 towards sustainability and Saudi Vision 2030. Key achievements include a 6% reduction in Scope 1 emissions from a 2016 baseline and the deployment of 11 million smart meters. The company established a dedicated Diversity and Inclusion department, significantly increasing female representation in the workforce and leadership. SEC also invested over $3 billion in renewable energy interconnection projects to support the national grid. Financial performance remained robust with SAR 72 billion in revenue, while the company improved its S&P Global CSA score by 40%.
Company: Saudi Electricity Co
Sector: Energy utilities
Country: Saudi Arabia
Year: 2022
Type: SR
Pages: 121
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Saudi Electricity Co
ESG Report
The report highlights Saudi Electricity Company's (SEC) progress in 2022 towards sustainability and Saudi Vision 2030. Key achievements include a 6% reduction in Scope 1 emissions from a 2016 baseline and the deployment of 11 million smart meters. The company established a dedicated Diversity and Inclusion department, significantly increasing female representation in the workforce and leadership. SEC also invested over $3 billion in renewable energy interconnection projects to support the national grid. Financial performance remained robust with SAR 72 billion in revenue, while the company improved its S&P Global CSA score by 40%.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Workplace Fatalities
Net Zero Target
Employees