Qiddiya City: Net Zero Carbon Emissions by 2060 - ESG Strategy, Affordability Program, and Worker Welfare
Qiddiya Investment Company revealed a new ESG (Environmental, Social, and Governance) strategy for Qiddiya City, which includes 25 priority initiatives and a goal to achieve net zero carbon emissions by 2060.
The city will also offer discounted tickets for low-income visitors to access entertainment venues and events.
To reach net zero emissions, Qiddiya City plans to recycle water, manage waste, and promote electric vehicles.
Specifically, 100% of wastewater will be treated for recycling, 90% of organic waste will be composted, and 80% of parking slots will have electric vehicle charging capabilities.
The text is about Qiddiya City's commitment to worker welfare and creating an inclusive and accessible community.
The city prioritizes employment, health, safety, and well-being, and caters to people with disabilities and special access requirements with 100% accessibility in public spaces.
The report covers 16 ESG topics and 25 priority initiatives, with a comprehensive assessment of over 100 risks and opportunities, benchmarked against industry peers to ensure global best practices.
Qiddiya City, a development project in Saudi Arabia, will contribute to the country's Vision 2030 goals and UN Sustainable Development Goals.
The project is projected to generate over 325,000 jobs.
In line with national female empowerment objectives, Qiddiya City aims to fill 40% of headquarters and operations positions and 30% of leadership roles with women by 2030.
Abdullah Aldawood, Managing Director of Qiddiya Investment Company, made these comments regarding the report.