Adoption of Global Standards: Saudi Arabia actively engages with international ESG standards and frameworks, such as the UN Sustainable Development Goals (SDGs), the Paris Agreement, and the Global Reporting Initiative…
Environmental Protection Law: Saudi Arabia has enacted the Environmental Protection Law which establishes the legal framework for environmental liability. This law outlines the responsibilities of individuals and organizations for environmental…
Investor Influence: Investors are increasingly prioritizing ESG factors in their investment decisions. Institutional investors and sovereign wealth funds, such as the Public Investment Fund (PIF), are advocating for enhanced ESG…
Forestry Law: Saudi Arabia has implemented a Forestry Law that regulates the management, protection, and conservation of forest resources. This law provides guidelines for sustainable practices and aims to preserve…
Saudi Vision 2030 Initiatives: Under Saudi Vision 2030, the country is making substantial investments in sustainability and ESG initiatives. The National Industrial Strategy emphasizes sustainable practices in industrial growth, targeting…
