نورا العريني

Navigating Global Sustainability Reporting and Taxonomies: Insights for Saudi Arabia

The paper explores the evolution of ESG reporting frameworks and taxonomies, focusing on their implications for Saudi Arabia. It discusses the challenges posed by global ESG practices, such as mandatory Scope 3 emissions reporting, materiality standards, and carbon management technologies. The paper highlights Saudi Arabia’s current reporting practices and guidelines, as well as the benefits of alignment with international standards, such as the ISSB and EU frameworks. It recommends developing a national support infrastructure, tailored to the Saudi context, to enhance global competitiveness and sustainability.