Phase1
ESG Materiality & Stakeholder Engagement
- Conducted stakeholder workshops to identify material topics using GRI 2021 standards.
- Aligned ESG topics with Tadawul priorities (e.g., carbon, diversity, local jobs).
Al Shrooq Industries ESG Reporting Transformation
Client Overview
- Company
- Al Shrooq Industries
- Location
- Riyadh, Saudi Arabia
- Industry
- Electrical Component Manufacturing
The Challenge: ESG Compliance Without a Clear Roadmap
Despite strong operations and a growing market share in Saudi Arabia and the GCC, Al Shrooq Industries had never issued a formal ESG report. They faced:
- Unstructured DataKey sustainability metrics were scattered and undocumented.
- No ESG StrategyThere was no defined governance model for sustainability.
- Investor PressureGlobal investors requested GRI-aligned reports for compliance.
VerdeVista’s Solution: A Structured ESG Journey
Our team implemented a 4-phase ESG transformation model tailored for Saudi regulatory requirements and international frameworks:
Phase2
ESG Data Infrastructure
- Built a centralized ESG dashboard with 85+ KPIs mapped to GRI & Tadawul standards.
- Automated data collection from energy meters, HR, and procurement systems.
Phase3
ESG Reporting & Disclosure
- Drafted a GRI-referenced ESG report in Arabic and English.
- Incorporated crosswalks for CDP and SASB ratings support.
Phase4
Strategic Positioning
- Conducted board-level ESG training and launched an investor-focused ESG microsite.
- Supported external positioning as a green industry leader.
Impact Within 6 Months
41
72
0100
| Impact Area | Before VerdeVista | After 6 Months |
|---|---|---|
| ESG Score (Private Rating) | 41/100 | 72/100 |
| Energy Intensity Reduction | Not measured | 12% reduction YoY |
| GHG Inventory | Not available | Scope 1 & 2 fully reported |
| Board ESG Oversight | None | ESG Committee Formed |
| Investor Feedback | Low ESG transparency | “Highly Improved” by 3 top funds |
Client Testimonial
“We didn’t just get a report—we got a roadmap. VerdeVista turned a regulatory headache into a strategic opportunity. Now, we’re not just compliant—we’re market-ready.”— Shrooq Al-Mutairi, CEO, Al Shrooq Industries
Why It Matters for Saudi Arabia
With Vision 2030 and PIF’s ESG integration initiatives, ESG reporting is now a gateway to credibility and competitiveness. VerdeVista enables Saudi businesses to move from compliance to leadership in sustainability.
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