Dubai, UAE – The Saudi Electricity Company (SEC), the largest producer, transmitter, and distributor of electrical energy in the Middle East and North Africa, announced on Tuesday that it seeks to reach net zero emissions by 2050 in line with the Saudi Arabia’s target to reach carbon neutrality by 2060 through the circular carbon economy approach.
SEC acknowledged its role in addressing climate change and achieving carbon neutrality, saying that it has developed a sustainable environment strategy for that goal.
The announcement was made during a special event SEC organized on the sidelines of the United Nations COP28 climate-change summit in Dubai, during which the company highlighted the company’s foundational environmental practices geared toward emission reduction and energy efficiency, including the development of a smart electricity transmission network and renewable energy stations.
The SEC said it has signed seven agreements and MoUs with leading local and international companies, including LUCI, Al-Fanar, Sal Italy, CHINT Saudi Arabia, Siemens, Schneider Electric Global, Huawei, IBM, and JAC.