At Maaden, business excellence means more than financial and operational success, it’s about acting responsibly in our communities and for the environment. Our commitment to ESG stewardship is essential in creating a positive and enduring legacy, as we contribute to national and global sustainability goals.
Climate change challenges both our business and the environments we operate in. That’s why we’re committed to urgent, impactful decarbonization—cutting emissions and transitioning to low-carbon alternatives as part of our daily operations.
We go beyond regulatory compliance in managing our environmental impact by closely monitoring, mitigating, and governing our activities. Our company wide governance framework ensures a proactive, consistent approach to addressing environmental risks.
For us, social responsibility means driving local community development. We invest in local content and work to improve the livelihoods of our host communities, reinforcing our social license to operate.
In scope 1 & 2 GHG Emissions intensity by 2040
In groundwater usage intensity by 2040
In landfilled waste by 2040
Planted by 2040
Usage by 2040
The Schools of Excellence (SOE) have provide world-class STEM education in Saudi Arabia’s Northern Borders Province, shaping the next generation of mining leaders. Partnered with the Ministry of Education and key stakeholders, the SOEs have already helped over 3,000 students pursue higher education, preparing them for elite universities at home and abroad.
In 2023, we were certified by the DNV to produce 614,000 tons of ultra-low-carbon ammonia, using a unique method that captures waste heat for clean energy. This reduces grid dependency and prevents the release of 450,000 metric tons of CO2 annually by capturing CO2 from our Ras Al-Khair ammonia units.
We launched our Afforestation Initiative in alignment with the Saudi Green initiative (SGI). We aim to plant 10 million trees and 10 million mangroves by 2040 as we enhance biodiversity and restore Saudi Arabia’s coastlines. We have planted over 345,000 trees across the National and Royal reserve and are developing a national mangrove park in partnership with the Royal Commission for Jubail and Yanbu on Gurmah Island.
Launched in 2022, our Tharwah Program supports Saudi entrepreneurs, suppliers, and businesses, aligning with Vision 2030’s economic goals. By 2040, we expect to spend SAR 55 billion on goods and services, generating SAR 33 billion in Local Content and contributing SAR 88 billion to Saudi GDP, while creating up to 47,000 jobs for Saudi nationals.
As an anchor partner of WAVE, we are driving ocean regeneration. As a global platform led by H.R.H. Princess Reema Bandar Al-Saud with the FII Institute and the Ministry of Energy, WAVE is restoring marine ecosystems and advancing ocean-based climate solutions to support sustainable outcomes.
We aim to plant 10 million mangroves by 2040, restoring Saudi Arabia’s coastlines. In partnership with the Royal Commission for Jubail and Yanbu, we are planting on Gurmah Island, protecting ecosystems that stabilize shorelines, sequester carbon, and purify water.
We are continuing to reduce Scope 1 and 2 CO2 emissions substantially year on year as we advance our goal of achieving carbon neutrality by 2050 while supporting global sustainability efforts. We are developing innovative including solutions for capturing 450,000 metric tons of CO2 each year from our ammonia units for industrial use, helping to drive our decarbonization strategy.
Our partnership with the National Water Company uses treated wastewater to reduce reliance on natural water sources. With 300 km of pipelines supplying phosphate complexes in Wa’ad Al-Shamal, we aim to cut groundwater use by 50% in 2024, supporting sustainability and lowering operational risks.
Our Biodiversity Management standards provide a strategic approach to identify and mitigate operational impact on biodiversity at all stages in the mining value chain: from exploration and project development, to operations and closure. Working in collaboratation with Ministries and National Centers, we are committed to preserving biological features and wildlife in Saudi Arabia.
Detailed disclosure of Maaden Sustainability in 2024
Detailed disclosure of Maaden Sustainability in 2023
Detailed disclosure of Maaden Sustainability in 2022
Detailed disclosure of Maaden Sustainability in 2021
Detailed disclosure of Maaden Sustainability in 2020
Detailed disclosure of Maaden Sustainability in 2019
