Saudi Exchange Company Sustainability Profile
Saudi Exchange Company, commonly referred to as Tadawul, is the premier stock exchange in Saudi Arabia, headquartered in Riyadh. Established in 2007, it has rapidly evolved into a pivotal player in the Middle Eastern financial landscape, facilitating the trading of equities, bonds, and derivatives. Tadawul's core services include providing a platform for public offerings and enabling efficient trading for both local and international investors. Its unique position as the only licensed exchange in the Kingdom allows it to offer unparalleled access to the Saudi capital market. With significant milestones such as the introduction of the MSCI Emerging Markets Index inclusion in 2019, Tadawul has solidified its status as a leading exchange in the region, attracting substantial foreign investment and enhancing market liquidity.
DitchCarbon Score
How does Saudi Exchange 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 Services Auxiliary to Financial Intermediation 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 Exchange Company's score of 22 is lower than 80% 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 Exchange Company's reported carbon emissions
As of the latest available data, the Saudi Exchange Company does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is a current subsidiary of the Saudi Tadawul Group Holding Company, which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or climate pledges from the Saudi Exchange Company itself, it is important to note that emissions data and climate commitments may be inherited from its parent organization. The Saudi Tadawul Group Holding Company, as the source organization, may have its own climate strategies and targets that could impact the subsidiary's approach to sustainability. In the absence of specific emissions data or reduction initiatives, the Saudi Exchange Company is positioned within an industry context that increasingly prioritises climate action and transparency. The company may benefit from aligning with broader industry standards and practices to enhance its environmental performance in the future.
How Carbon Intensive is Saudi Exchange Company's Industry?
How Carbon Intensive is Saudi Exchange Company's Location?
Saudi Exchange Company'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.
Saudi Exchange Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
