Saudi Electricity Co 2023 SR
The report outlines Saudi Electricity Company's (SEC) sustainability performance for 2023, highlighting its ambition to achieve Net Zero emissions by 2050. Key achievements include integrating 3,400 MW of renewable capacity into the grid and issuing SAR 7.5 billion in green sukuk. The company launched its comprehensive ESG strategy focused on climate action, nature and circularity, people and community, and responsible governance. SEC also reported a 94% Saudization rate and significant progress in digital transformation, including 100% smart meter coverage across the Kingdom.
Company: Saudi Electricity Co
Sector: Energy utilities
Country: Saudi Arabia
Year: 2023
Type: SR
Pages: 93
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Saudi Electricity Co
Sustainability Report
The report outlines Saudi Electricity Company's (SEC) sustainability performance for 2023, highlighting its ambition to achieve Net Zero emissions by 2050. Key achievements include integrating 3,400 MW of renewable capacity into the grid and issuing SAR 7.5 billion in green sukuk. The company launched its comprehensive ESG strategy focused on climate action, nature and circularity, people and community, and responsible governance. SEC also reported a 94% Saudization rate and significant progress in digital transformation, including 100% smart meter coverage across the Kingdom.
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Document Details
Report Year
2023
Reporting Period
Jan 01, 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:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Net Zero Target
Employees