Kingdom Holdings
Kingdom Holdings Company, often referred to simply as Kingdom Holdings, is a prominent investment firm headquartered in Saudi Arabia (SA). Established in 1980, the company has made significant strides in various sectors, including real estate, hospitality, and financial services, positioning itself as a leader in the Middle East and beyond. With a diverse portfolio that includes luxury hotels, commercial properties, and strategic investments, Kingdom Holdings is renowned for its commitment to excellence and innovation. The company has achieved notable milestones, such as its successful partnerships with global brands and its influential role in the development of iconic projects. Recognised for its strong market position, Kingdom Holdings continues to shape the investment landscape, leveraging its unique insights and expertise to deliver exceptional value to stakeholders.
DitchCarbon Score
How does Kingdom Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Hospitality industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kingdom Holdings's score of 33 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kingdom Holdings's reported carbon emissions
Kingdom Holdings, headquartered in Saudi Arabia, has set ambitious climate commitments despite not having specific carbon emissions data available. The company has pledged to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. For near-term targets, Kingdom Holdings aims to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. Additionally, the company plans to cut absolute Scope 3 emissions by 25% within the same timeframe. Looking towards the long term, Kingdom Holdings is committed to a significant reduction of 90% in both Scope 1 and Scope 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Kingdom Holdings' proactive approach reflects its commitment to sustainability and responsible corporate practices in the textiles, apparel, footwear, and luxury goods sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kingdom Holdings is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
