Alignment with frameworks

ACWA Power is committed to the Saudi Vision 2030

ACWA Power aligns its sustainability strategy with the Saudi Vision 2030 objectives for an ambitious nation, thriving economy and vibrant society. ACWA Power’s central focus on energy transition and its renewable energy and water projects contribute to the Kingdom of Saudi Arabia’s diversification policy, create local employment, provide career opportunities for women and help to give the nation a sustainable future that is less dependent on the oil industry.

Reporting frameworks

ACWA Power has reported the information for the period from 1 January, 2022, to 31 December, 2022, with reference to the GRI Standards (2021). Where applicable, relevant recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), SASB standards (Electric utilities and power generators 2018, Solar technology and project developers 2018), World Economic Forum and Future Investment Initiative Institute metrics have also been used. Indexes of the standards and recommendations used can be found in the Appendix.