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 49 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Kingdom Holdings's reported carbon emissions
In 2024, Kingdom Holdings, headquartered in Saudi Arabia, reported total carbon emissions of approximately 1,736,000 kg CO2e, a significant reduction from 2,626,000 kg CO2e in 2023, marking a decrease of about 33.9%. The emissions breakdown for 2024 includes 456,000 kg CO2e from Scope 1 and 1,281,000 kg CO2e from Scope 2 emissions. Kingdom Holdings has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and Scope 2 emissions by 42% by 2030, using 2022 as the base year. Additionally, it plans to cut Scope 3 emissions by 25% within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and Scope 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Kingdom Holdings' commitment to addressing climate change and enhancing energy efficiency across its operations. The data and commitments are not cascaded from a parent organization, indicating that these targets are independently set by Kingdom Holdings.
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.
