Saudi Arabia launches a strategic Association to drive development and sustainability in two of its most vital sectors: Industry and Mining.
Aligned with Vision 2030
This Association supports national goals under Vision 2030 and the NIDLP by driving sustainable, diversified, and resilient industrial and mining growth.
Why It Matters
Global expectations for ESG performance are rising. The Association fills key gaps in:
- Policy alignment
- ESG integration
- Capacity building
- Public-private collaboration
Promoting ESG Standards
The Association guides ESG adoption using global frameworks like:
- GRI
- SASB
- TCFD
Creating tailored metrics for Saudi’s industrial and mining environments.
Improving Environmental Impact
Focus areas include:
- Cleaner production technologies
- Emission reductions
- Circular economy principles (e.g., reuse, recycling, resource efficiency)
Strengthening Social Responsibility
The Association helps:
- Boost local employment and upskilling
- Support inclusive community programs
- Introduce social impact measurement tools
Accelerating Innovation
Through partnerships, it supports:
- R&D in sustainable materials
- Green manufacturing pilots
- Technology transfer across industries
Building Human Capital
Offering workshops, certifications, and training in:
- ESG reporting
- Environmental management
- Green supply chain design
- Mining sustainability
Policy & Thought Leadership
As a national think tank, the Association will:
- Publish white papers
- Advise on low-carbon policies
- Contribute to regulatory development
A Platform for Collaboration
By uniting government, private sector, academia, and NGOs, the Association will:
- Host strategic dialogues
- Enable joint ventures
- Share data & infrastructure for sustainability
Long-Term Impact
This initiative aims to:
- Boost competitiveness
- Attract responsible investment
- Deliver measurable environmental, economic, and social benefits
- Purpose of the Association: The new non-profit aims to raise awareness, support ESG adoption, and empower industrial and mining enterprises to align with global sustainability standards.
- Activities Planned: It will run specialized campaigns, guidance programs, and workshops focused on ESG indicators like environmental performance, social responsibility, and governance practices.
- Vision 2030 Alignment: The initiative supports Saudi Arabia’s Vision 2030 goals of economic diversification, sustainable development, and reducing reliance on oil.
- Net-Zero Commitment: Saudi Arabia has pledged to reach net-zero emissions by 2060, with the Saudi Green Initiative targeting a reduction of 278 million tons of CO₂ annually by 2030.
- Mining Sector Focus: The Ministry of Industry and Mineral Resources is also working on improving environmental, health, and safety standards in mining, enhancing community engagement, and aligning with international best practices.
- Global Partnerships: Saudi Arabia is collaborating with international organizations like the Global Ocean Alliance and the UN Sports for Climate Action Initiative, reinforcing its role in global climate leadership.
Concluding remarks
This move is not just about compliance—it’s about positioning Saudi Arabia as a regional sustainability leader, attracting foreign investment, and boosting non-oil GDP. The association is expected to play a pivotal role in educating enterprises, standardizing ESG practices, and driving innovation in sustainable industrial development.
