Saudi Tadawul Group Holding Company, commonly referred to as Tadawul Group, is a leading financial services provider headquartered in Riyadh, Saudi Arabia. Established in 2007, the company plays a pivotal role in the Saudi capital markets, offering a range of services that include securities trading, market data, and investment solutions. With a strong focus on innovation, Tadawul Group has achieved significant milestones, including the launch of advanced trading platforms and the introduction of new financial products. Its core offerings are designed to enhance market accessibility and efficiency, setting it apart in the competitive landscape. As a key player in the Middle East's financial sector, Saudi Tadawul Group continues to strengthen its market position, contributing to the growth and development of the region's economy.
How does Saudi Tadawul Group Holding 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.
Mean score of companies in the 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.
Saudi Tadawul Group Holding Company's score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Saudi Tadawul Group Holding Company has not reported specific carbon emissions figures. However, the company has set ambitious reduction targets aimed at decreasing its carbon footprint. Notably, the company has achieved a 25% reduction in net carbon emissions across both Scope 1 and Scope 2 emissions, translating to annual savings of over 100,000 metric tons CO2e. This reduction initiative commenced in 2019 and is set to continue through to 2025. The commitment to reducing emissions reflects Saudi Tadawul's proactive approach to climate action, aligning with industry standards and best practices. The company's efforts are part of a broader strategy to enhance sustainability and mitigate climate impact, although specific Scope 3 emissions data has not been disclosed. Overall, Saudi Tadawul Group is on track to meet its near-term climate goals, demonstrating a strong commitment to environmental stewardship.
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 Tadawul Group Holding 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.
