Saudi Arabia Launches Sustainability Champion Program at World Economic Forum Meeting
RIYADH — In a bold move to promote institutional sustainability, the Ministry of Economy and Planning unveiled the Sustainability Champion Program during the special gathering of the World Economic Forum (WEF).
Fostering Collaborations for Sustainable Economic Growth
The initiative aims to drive the sustainability revolution in Saudi Arabia by facilitating unique partnerships among leading companies in crucial sectors. This initiative is part of the ongoing efforts to establish comprehensive and sustainable paths for economic growth within the country.
Aligning with Vision 2030 and Addressing Environmental Challenges
The Sustainability Champion Program aligns with Saudi Arabia’s Vision 2030 and its commitment to tackling environmental challenges. Through this program, distinguished companies, referred to as “Champions”, will assist other entities in enhancing their sustainability practices.
Promoting Sustainability Across Industries
During the official launch of the program, senior leaders from 19 Sustainability Pioneers gathered to advocate for sustainability in their operations. The program aims to cultivate a collaborative ecosystem and share best practices to drive sustainable growth.
Multiplying Impact Across the Economy
The 19 Sustainability Champions have committed to influencing the sustainability practices of three other companies in Saudi Arabia, creating a ripple effect that will amplify the impact across the economy. This initiative also focuses on building local capabilities and equipping companies with the necessary tools to enhance their sustainability reporting.
Leading the Way in Sustainable Development
The Sustainability Champions Program highlights Saudi Arabia’s proactive approach to fostering sustainable development through collaboration. As the world gathered in Riyadh for this special meeting, the launch of this program signifies a significant milestone in Saudi Arabia’s sustainable development journey.
Setting the Standard for Global Sustainability Efforts
Saudi Arabia continues to demonstrate leadership and commitment to achieving a sustainable future, setting a benchmark for countries worldwide with the Sustainability Champions program. The 19 leading companies participating in the program include Saudi Aramco, Saudi Electricity Company, ACWA Power, SABIC, Ma’aden, Al Rajhi Bank, National Bank of Saudi Arabia, and others.