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Discover how companies are aligning with the Paris Agreement’s goal of limiting global warming to 2°C. This tool provides you with up-to-date climate ratings, reflecting a company’s progress and commitment to sustainable practices. Whether you're an investor, policymaker, or eco-conscious consumer, our platform simplifies your search for transparent, data-driven insights on corporate climate performance.
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Saudi Electricity Company

Utilities

ISIN

SA0007879550

LEI

549300FXO4ZXUIAXGP41

Description

Saudi Electricity Co. is a Saudi Arabian electric utility company that generates, transmits, and distributes electricity to residential, commercial, and industrial customers throughout the country. It also provides engineering, procurement, and construction services for power plants, substations, and transmission lines.
Not aligned
● Condition: 3°C ≤ SB2A < 4°C or SB2A ≥ 2°C and increasing GHG intensity ● Description: Non-aligned companies face an urgent need for environmental improvement as their GHG intensity is increasing. With an SB2A Temperature indicating a substantial temperature misalignment (3°C ≤ SB2A < 4°C), these companies are recognized as having a high environmental impact. These companies are urged to prioritize and accelerate their sustainability initiatives to address their significant climate-related challenges.

Rating peers in sector of Utilities (based on 243 companies)

32%
Leader
12%
Aligned
15%
Actively
transitioning
13%
Transitioning
Saudi Electricity Company
21%
Not
aligned
7%
Laggard

Discover other companies in Utilities with Not aligned score

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