Saudi Electricity Company
The Saudi Electricity Company (SEC), headquartered in Riyadh (SR), is a leading entity in the Middle East's energy sector. Established in 2000, SEC has played a pivotal role in the development and management of electricity generation, transmission, and distribution across Saudi Arabia. With a focus on sustainable energy solutions, the company operates in various regions, ensuring reliable power supply to millions of customers. SEC's core services include electricity generation from diverse sources, including renewable energy initiatives, which set it apart in a rapidly evolving market. The company has achieved significant milestones, such as expanding its capacity and enhancing grid infrastructure, solidifying its position as a key player in the region. With a commitment to innovation and efficiency, the Saudi Electricity Company continues to lead the way in powering the nation’s growth.
DitchCarbon Score
How does Saudi Electricity Company'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 Electricity Distribution 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
Saudi Electricity Company's score of 1 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saudi Electricity Company's reported carbon emissions
In 2023, the Saudi Electricity Company (SEC), headquartered in SR, reported significant carbon emissions, totalling approximately 144,990,000,000 kg CO2e for Scope 1 and about 6,940,000,000 kg CO2e for Scope 2 (market-based). The combined total for Scope 1 and Scope 2 emissions reached around 151,930,000,000 kg CO2e. This marks an increase from 2022, where Scope 1 emissions were about 136,610,000,000 kg CO2e and Scope 2 emissions (market-based) were approximately 7,612,000,000 kg CO2e. SEC has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its accountability in addressing climate change. Over the years, SEC's emissions have shown a general upward trend, with Scope 1 emissions increasing from about 118,190,000,000 kg CO2e in 2020 to the current figure. The company has not reported any documented reduction initiatives or targets, suggesting a need for enhanced climate strategies to align with global sustainability goals. Overall, while SEC's emissions data reflects its operational scale, the absence of reduction commitments highlights an opportunity for the company to strengthen its climate action framework and contribute more effectively to global emissions reduction efforts.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 145,330,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
| Scope 2 | 54,890,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
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.
Saudi Electricity Company is not participating in any 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.
