Kingdom Holdings Sustainability Profile
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 52 is higher than 73% 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 disclosed 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 company has set ambitious near-term targets, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, Kingdom Holdings plans to reduce absolute Scope 3 emissions by 25% within the same timeframe. For long-term goals, the company aims for a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050, alongside a 90% reduction in Scope 3 emissions. These targets are aligned with the 1.5°C climate goal, demonstrating Kingdom Holdings's commitment to addressing climate change and reducing its carbon footprint in the textiles, apparel, footwear, and luxury goods sector.
How Carbon Intensive is Kingdom Holdings's Industry?
How Carbon Intensive is Kingdom Holdings's Location?
Kingdom Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kingdom Holdings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
