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	<title>Saudi Green Initiative Archives - International Finance</title>
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		<title>Saudi mining industry thrives with ESNAD guidance</title>
		<link>https://internationalfinance.com/magazine/industry-magazine/saudi-mining-industry-thrives-with-esnad-guidance/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-mining-industry-thrives-with-esnad-guidance</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Mon, 21 Sep 2026 14:23:27 +0000</pubDate>
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		<category><![CDATA[Mining Compliance]]></category>
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		<category><![CDATA[Saudi Arabia]]></category>
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		<category><![CDATA[Saudi Mining Sector]]></category>
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		<guid isPermaLink="false">https://internationalfinance.com/?p=58309</guid>

					<description><![CDATA[<p>At the core of ESNAD’s success is its relentless commitment to digital transformation, a cornerstone of efficiency, transparency, and innovation</p>
<p>The post <a href="https://internationalfinance.com/magazine/industry-magazine/saudi-mining-industry-thrives-with-esnad-guidance/">Saudi mining industry thrives with ESNAD guidance</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Established in 2020 to serve as the executive and operational arm of the Ministry of Industry and Mineral Resources in the Kingdom, the Saudi Mining Services Company (ESNAD) plays a central role in implementing the ‘National Mining Strategy’, which positions mining as the third pillar of the Saudi economy alongside oil and petrochemicals. Its mission is to develop the mining sector in a balanced and sustainable manner, ensuring responsible resource management while supporting the Kingdom’s vision for economic diversification.</span></p>
<p><span style="font-weight: 400;">At the recently concluded 13th Annual </span><b>International Finance Awards</b><span style="font-weight: 400;">, ESNAD was honoured as ‘Best Digital Transformation Strategies – Mining – Saudi Arabia 2025’ and ‘Best Stakeholder Communications Strategy – Mining – Saudi Arabia 2025’.</span></p>
<p><span style="font-weight: 400;">The awards are a testament to ESNAD’s role in supporting the mining sector across the Kingdom, reflecting the company’s commitment to innovation, operational excellence, and sustainable mining practices, in close alignment with the objectives of the Ministry of Industry and Mineral Resources. Through its focus on Licensing, Digital Transformation, and Mining Compliance, the company continues to enhance the investment environment, and contribute to building a transparent, efficient, and future-ready mining ecosystem that supports the Kingdom’s economic goals.</span></p>
<p><span style="font-weight: 400;">ESNAD’s operations are grounded in a clear mandate to create a transparent, efficient, reliable mining environment that attracts investments, safeguards resources, and promotes environmental and social responsibility. By combining regulatory oversight with digital innovation, ESNAD has transformed how mining operations are managed and monitored, ensuring full alignment with &#8216;Saudi Vision 2030&#8217; goals.</span></p>
<p><span style="font-weight: 400;">Through collaboration with government entities, investors, and private-sector partners, ESNAD promotes an integrated mining ecosystem built on excellence, sustainability, and accountability. Its approach balances economic growth with environmental protection, creating value for industry, local communities, and future generations.</span></p>
<p><b>Commitment to digitalisation and sustainability<br />
</b><span style="font-weight: 400;">At the core of ESNAD’s success is its relentless commitment to digital transformation, a cornerstone of efficiency, transparency, and innovation. Through the development of advanced digital services, ESNAD has redefined licensing and compliance processes, streamlining investor interactions, automating approvals, and significantly reducing processing times. These advancements have helped position the Kingdom as one of the most attractive destinations for mining investment.</span></p>
<p><span style="font-weight: 400;">ESNAD also integrates artificial intelligence (AI), drones, and satellite imagery to enhance monitoring and regulatory compliance. By analysing aerial and spatial data, the company detects irregularities, assesses environmental impact, and measures resource extraction in real time. These innovations improve inspection efficiency, strengthen compliance, and support informed decision-making across the sector.</span></p>
<p><span style="font-weight: 400;">At the same time, in line with the “Saudi Green Initiative,” ESNAD has strengthened environmental stewardship through rehabilitation and afforestation programmes. Its efforts include planting millions of trees in mining complexes such as Al-Summan and Al-Armah, in cooperation with investors and local communities.</span></p>
<p><span style="font-weight: 400;">These projects reflect ESNAD’s commitment to restoring landscapes and mitigating environmental impact. By promoting cleaner operations, responsible waste management, and biodiversity protection, ESNAD ensures that the Kingdom’s mineral wealth is developed sustainably. The company also applies environmental, social, and governance (ESG) principles aligned with global best practices, reinforcing its role as a responsible mining enabler.</span></p>
<p><b>Financial and regulatory excellence<br />
</b><span style="font-weight: 400;">Beyond technology and sustainability, ESNAD ensures financial compliance and regulatory integrity across the sector. It has built comprehensive mechanisms to monitor financial guarantees, enhance collection systems, and minimise operational risks. By enforcing robust governance standards, ESNAD safeguards public resources, supports investor confidence, and ensures financial sustainability.</span></p>
<p><span style="font-weight: 400;">Through its inspection and licensing programmes, ESNAD guarantees that mining operations comply with the highest standards. ESNAD conducted thousands of inspections and issued hundreds of mining and exploration licenses, demonstrating its dedication to operational efficiency and sectoral growth.</span></p>
<p><b>Human capital and collaboration<br />
</b><span style="font-weight: 400;">ESNAD believes that people are central to sustainable progress. The company invests in developing national talent through training, upskilling, and leadership programmes designed to prepare Saudi professionals for the future of mining. </span></p>
<p><span style="font-weight: 400;">In this context, it would be appropriate to mention two initiatives. ESNAD’s &#8220;Graduate Development Program&#8221; is a year-long initiative designed to prepare Saudi graduates for the mining sector through hands-on field training, expert mentorship, and exposure to global best practices. In addition, ESNAD has introduced &#8220;REKAZ Future Leaders Development Program&#8221; in collaboration with INSEAD, offering a 10-month curriculum focused on strategic thinking, decision-making, and innovative leadership.</span></p>
<p><span style="font-weight: 400;">This focus on human capital enhances ESNAD’s operational excellence and contributes to the Kingdom’s broader goal of empowering national capabilities.</span></p>
<p><span style="font-weight: 400;">The company also works with ministries, research institutions, and international partners to exchange expertise and adopt global best practices. Through this cooperative framework, ESNAD promotes innovation, enhances efficiency, and supports the Kingdom’s ambition to become a leading global mining hub.</span></p>
<p><span style="font-weight: 400;">ESNAD’s journey represents a model of transformation built on vision, innovation, and responsibility. By integrating digital excellence, environmental care, and human development, ESNAD is redefining the future of mining in Saudi Arabia.</span></p>
<p><span style="font-weight: 400;">As the Kingdom advances toward Vision 2030, ESNAD remains dedicated to enabling sustainable development, driving diversification, and ensuring that the mining sector continues to serve as a foundation for national prosperity, for today and generations to come.</span></p>
<p>The post <a href="https://internationalfinance.com/magazine/industry-magazine/saudi-mining-industry-thrives-with-esnad-guidance/">Saudi mining industry thrives with ESNAD guidance</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Saudi Arabia climbs 24 places in Energy Transition Index, leads Middle East with green initiatives</title>
		<link>https://internationalfinance.com/energy/saudi-arabia-climbs-places-energy-transition-index-middle-east-green-initiatives/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-arabia-climbs-places-energy-transition-index-middle-east-green-initiatives</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 10 Aug 2023 04:15:21 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
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		<guid isPermaLink="false">https://internationalfinance.com/?p=47671</guid>

					<description><![CDATA[<p>The outcomes are consistent with Saudi Arabia's Vision 2030, a plan to diversify the economy and make it more sustainable</p>
<p>The post <a href="https://internationalfinance.com/energy/saudi-arabia-climbs-places-energy-transition-index-middle-east-green-initiatives/">Saudi Arabia climbs 24 places in Energy Transition Index, leads Middle East with green initiatives</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A sustainability assessment states that Saudi Arabia has climbed 24 places in the Energy Transition Index since 2021 as a result of the world&#8217;s acknowledgement of its green initiatives and aspirations for renewable energy. </p>
<p>According to the annual Energy Index Report from the World Economic Forum, the Kingdom has taken the lead in the Middle East, rising from position 81 in 2021 to position 57 in 2023.</p>
<p>The current study is based on 120 countries, whereas the study from 2021 used 115.</p>
<p>The outcomes are consistent with Saudi Arabia&#8217;s Vision 2030, a plan to diversify the economy and make it more sustainable.</p>
<p>The report noted that although the nation has long dominated the oil market, it has recently undergone a dramatic energy transition as a result of realizing the need to switch to renewable energy and lessen its carbon footprint.</p>
<p>The research claims that many green efforts the Kingdom undertook, including the founding of the Regional Voluntary Carbon Market Co., the first of its type in the area, may be responsible for the improvement in ranking.</p>
<p>Although there has been tremendous progress, the report emphasized that Saudi Arabia still has opportunities to lower energy and carbon intensity.</p>
<p>The report also mentioned the Kingdom&#8217;s ability to increase renewable resources and put carbon capture technologies in place.</p>
<p>In addition, the report noted that by 2030, the Kingdom had pledged to derive 50% of its energy from renewable sources. The Saudi Green Initiative is also at the forefront of several significant initiatives to reduce emissions and alter the domestic energy mix.</p>
<p>The creation of a program for carbon capture and storage, increasing energy efficiency, and investing in new energy sources are some of the tasks SGI has taken on.</p>
<p>SGI has set a goal of planting 10 billion trees as part of a strategic initiative to restore natural flora. The project restored crucial ecological parameters, enhanced air quality, and decreased sandstorms in 2022 alone by planting almost 18 million trees and rehabbing 60,000 hectares of deteriorated land.</p>
<p>The paper stated that the nation&#8217;s transition to renewable energy, which has 11.4 GW of capacity under development, marks a substantial break from the established economic model and could have geopolitical ramifications.</p>
<p>The report also suggested that by creating collaborative investments, research projects, training programs, and educational initiatives, the Kingdom might establish itself as a strong leader in the energy transition.</p>
<p>The post <a href="https://internationalfinance.com/energy/saudi-arabia-climbs-places-energy-transition-index-middle-east-green-initiatives/">Saudi Arabia climbs 24 places in Energy Transition Index, leads Middle East with green initiatives</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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