Climate Change Data

Strategic Gears

Climate Impact & Sustainability Data (2016-2024)

Reporting Period: 2016-2024

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Launched the Riyadh School for Tourism and Hospitality, a $1 billion investment aimed at training hospitality professionals.
  • Partnership between the Ministry of Tourism and UN Tourism for a hospitality workforce training program.

Governance Achievements

  • Amendments to the Tourism Law in March 2023 to restructure the Kingdom’s accommodation industry and encourage local investment.
  • New licensing system launched in 2019 to ease the process of holding entertainment and supporting activities.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase the Arts, Entertainment and Recreation sector’s GDP contribution to $23 billion (3% of GDP) by 2030.
  • Create 100,000 jobs in the Arts, Entertainment and Recreation sector by 2030.
  • Attract $11 billion in investment and create 120,000 jobs in the hospitality sector by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Inconsistent year-on-year investment flows in the hospitality industry.
  • High employee turnover rate in the hospitality sector.
  • Maintaining a positive brand image and ensuring a mission-driven approach that links hospitality to proximal pillars (transportation, technology, and security).
Mitigation Strategies
  • Ministry of Tourism’s Hospitality Investments Enablers program to attract $11 billion into the sector and create 120,000 jobs by 2030.
  • Initiatives like the Riyadh School for Tourism and Hospitality to address the employee retention challenge.
  • Focus on improving transportation infrastructure, digitalization, and promoting Saudi Arabia as a safe and inclusive destination.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed