Increased Regulation and Oversight: Anticipated growth in regulations governing ESG disclosures and practices will likely shape corporate behavior. Regulators may establish more comprehensive frameworks to ensure accountability and transparency. Integration…
Anti-Corruption Laws: Saudi Arabia has implemented strict anti-corruption laws, with the Saudi Anti-Corruption Commission (Nazaha) responsible for combating corruption in both the public and private sectors. The commission conducts investigations…
Water Scarcity: Saudi Arabia faces significant water scarcity due to its arid climate and limited freshwater resources. The reliance on desalination and groundwater extraction raises concerns about sustainability and long-term…
Regulatory Oversight: The Capital Market Authority (CMA) oversees the ESG rating process, ensuring that ratings are based on transparent and objective criteria. The CMA mandates disclosure requirements for companies to…
Pesticides and Fertilizers Control Law: Saudi Arabia has established laws governing the use of pesticides and fertilizers to ensure that they are safe for human health and the environment. This…
