Report: Can heavy industry support Saudi Arabia’s sustainability ambitions?

Text size +-

COP26 has focused the world’s attention on the need for a more sustainable economic model that ensures profits and growth are not achieved at the expense of ecological health and social well-being. Business and political leaders in Saudi Arabia are increasingly aware of the need to move beyond the bottom line and pursue strategies for long-term value creation that address the needs and concerns of all stakeholders. The country has made a commitment to reach net-zero carbon emissions by 2060. At home, the government is planning to dramatically scale up renewable energy capacity to reach 50% of the domestic energy mix by 2030. This is creating a wealth of opportunities for businesses in other sectors to support the transition, as evidenced by Al Yamamah Steel Industries' diversification into the production of components for wind and solar energy systems.

Click here to download full report.


Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart

Read Next:

In Saudi Arabia

Lilac Ahmad Al Safadi, President, Saudi Electronic University (SEU)

How would you describe the state of e-learning at higher education institutions before and during the Covid-19 pandemic?

In Industry

Report: How Mexican industry can capitalise on shifting supply chains...

Mexico has rebounded swiftly from the pandemic as economic activity resumed and the country became the first in Latin America to begin a mass vaccination programme.


Can M&A maintain its growth in emerging markets into 2022?

An improved business climate, significant government stimulus and cheap finance helped to create a record year for mergers and acquisitions (M&A) in 2021, with global activity reaching an all-...