Demonstrating notable progress in its Environmental, Social, and Governance (ESG) initiatives, Saudi Electricity Company (SEC) has attained an S&P Global score of 65/100. This marks a substantial 30% uplift from its 2024 assessment and an impressive 85% advancement compared to its 2023 rating, reflecting sustained strategic focus on sustainability. This accomplishment highlights SEC’s strategic progress and reinforces its position as a regional leader and a benchmark for sustainable excellence in the energy sector.
Notably, SEC’s score exceeds the global utilities sector average of 39 points by 66%, demonstrating its strong commitment to sustainable development. The rating reflects SEC’s comprehensive institutional commitment to sustainability, driven by effective governance frameworks, ambitious strategies, and tangible improvements in environmental and social performance. SEC also showcased proactive disclosure aligned with leading international sustainability reporting standards.
This progress further underscores SEC’s alignment with Saudi Vision 2030, particularly in advancing sustainable energy, enhancing transparency, strengthening investor confidence, and adopting global ESG best practices. SEC reaffirmed its commitment to continuously improving its ESG performance by deeply embedding sustainability across all operations, positioning itself as a trusted and responsible energy provider both regionally and globally.
