Kingdom Holdings
Kingdom Holdings Company, often referred to simply as Kingdom Holdings, is a prominent investment firm headquartered in Saudi Arabia (SA). Established in 1980, the company has made significant strides in various sectors, including real estate, hospitality, and financial services, positioning itself as a leader in the Middle East and beyond. With a diverse portfolio that includes luxury hotels, commercial properties, and strategic investments, Kingdom Holdings is renowned for its commitment to excellence and innovation. The company has achieved notable milestones, such as its successful partnerships with global brands and its influential role in the development of iconic projects. Recognised for its strong market position, Kingdom Holdings continues to shape the investment landscape, leveraging its unique insights and expertise to deliver exceptional value to stakeholders.
DitchCarbon Score
How does Kingdom Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Hospitality industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kingdom Holdings's score of 38 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kingdom Holdings's reported carbon emissions
As of the latest available data, Kingdom Holdings has not reported any specific carbon emissions figures. However, the company has made significant climate commitments through the Science Based Targets initiative (SBTi). Kingdom Holdings is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. The near-term targets include a commitment to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, the company aims to reduce absolute Scope 3 emissions by 25% within the same timeframe. For the long term, Kingdom Holdings has set ambitious goals to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2050, again using 2022 as the baseline. These targets are aligned with the 1.5°C climate goal, reflecting the company's commitment to significant emissions reductions in line with global climate objectives. The data and targets are cascaded from the Kingdom Holding Company, ensuring a unified approach to sustainability across its corporate family.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kingdom Holdings is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
