Qiddiya City: A Sustainable Urban Development Model - First ESG Report Reveals Net-Zero Carbon Emissions, Worker Welfare, and Inclusion Initiatives
The Qiddiya Investment Company unveiled its first Environmental, Social, and Governance (ESG) report on World Environment Day 2024.
Qiddiya City, an entertainment project under development near Riyadh, aims to be a symbol of sustainable urban development.
Managing Director Abdullah Nasser Al-Dawood stated that the city will support Saudi Vision 2030 and UN Sustainable Development Goals.
Initiatives include net-zero carbon emissions by 2060 through water conservation, waste management, recycling, and sustainable transport.
The text outlines the city's sustainability and social initiatives for the future.
By 2035, the city aims to treat 100% of wastewater, reuse 90% of organic waste as fertilizer, and provide charging stations for electric vehicles in 80% of parking lots.
Worker care is prioritized, with a focus on health, safety, comfort, diversity, and inclusivity.
The city is projected to create over 325,000 jobs, with women making up 40% of the workforce and 30% of leadership positions by 2030.
Discounted tickets to major entertainment venues and events will be offered to low-income residents.
Managing Director Abdullah Nasser Al-Dawood stated that the city will support Saudi Vision 2030 and UN Sustainable Development Goals.
Initiatives include net-zero carbon emissions by 2060 through water conservation, waste management, recycling, and sustainable transport.
The text outlines the city's sustainability and social initiatives for the future.
By 2035, the city aims to treat 100% of wastewater, reuse 90% of organic waste as fertilizer, and provide charging stations for electric vehicles in 80% of parking lots.
Worker care is prioritized, with a focus on health, safety, comfort, diversity, and inclusivity.
The city is projected to create over 325,000 jobs, with women making up 40% of the workforce and 30% of leadership positions by 2030.
Discounted tickets to major entertainment venues and events will be offered to low-income residents.
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