Saudi Basic Industries Corporation announces actions to combat climate change
In November 2022, Saudi Basic Industries Corporation (Sabic) presented its plan of action to combat climate change and meet the long-term goals of net-zero emissions. The company participated in the Saudi Green Initiative (SGI) and Middle East Green Initiative (MGI) forums, with Sabic announcing a 10% reduction of carbon emissions in 2021. The company also announced plans to planet 5.0 million trees across national parks to accelerate restoration of biodiversity and stop deforestation.
New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.