Red Sea Global’s fourth Annual Sustainability Report cements position as leader in regenerative tourism 

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Red Sea Global (RSG), the developer behind regenerative tourism locations The Red Sea and AMAALA, has introduced the discharge of its fourth Annual Sustainability Report, publicly disclosing RSG’s and its subsidiaries’ key commitments and progress towards ESG targets. The report demonstrates that RSG is firmly on monitor to satisfy its principal goal of delivering a internet conservation good thing about 30% by 2040.

RSG’s 2023 Annual Sustainability Report, which discloses the organisation’s sustainability efficiency from January 1 – December 31, 2023, displays the agency’s dedication to accountability and transparency, as it goals to ascertain new requirements in international accountable improvement. The report particulars how the Group is monitoring and reporting in opposition to targets throughout environmental sustainability, social empowerment and governance, revealing robust progress throughout all classes.

“Our latest Annual Sustainability Report demonstrates that when we say we are committed to setting new standards in responsible development, we truly mean it. We are well on track to deliver a net conservation benefit of 30% by 2040 to the areas surrounding our destinations,” mentioned John Pagano, Group CEO of Red Sea Global

“The work of our team across renewable energy, land and marine conservation and regeneration, social development and clean mobility is proof tourism development can be done another way. My hope is that the rest of the industry draws inspiration from our achievements and embeds regenerative principles into their own work.”

Some achievements highlighted throughout the report are:

• Installing a complete of 760,000 photovoltaic photo voltaic panels to energy the primary section of the Group’s flagship vacation spot, The Red Sea, which opened in 2023
• Becoming the most important off-grid charging infrastructure operator in Saudi Arabia, with 150 electrical automobile charging stations and 82 electrical automobiles
• Intervening to guard and improve environments and species, such as nurturing greater than 5 million crops on the Red Sea Landscape Nursery because it was established
• Preventing 46,350 tons of CO₂ emissions via carbon discount initiatives ● Pledging a ‘Coral Commitment’, to guard and regenerate corals in the Red Sea and past, and pioneering work in coral cultivation led by marine life scientists ● Transplanting 600,000 mangrove seedlings to 4 totally different websites in a devoted Mangrove Nursery
• Launching the Jewar app, a two-way communication channel for RSG to share information and alternatives with the area people, and for them to take part and share their views
• Rolling out a volunteering program to encourage mangrove planting and seaside clean-ups, with greater than 200 individuals
• More than 3300 new staff, 50+ Elite Graduates and almost 74,000 coaching hours delivered
• Setting a brand new environmental benchmark with the highest-ever rating for Platinum LEED for Cities and Communities certification for The Red Sea Master Plan Phase 1

Last 12 months, The Red Sea welcomed its first friends, with three of its resorts now open. Red Sea International Airport has been receiving an everyday schedule of home flights since September 2023 and worldwide flights started in April 2024, with a twice-weekly route between The Red Sea and Dubai International.

A second vacation spot, Thuwal Private Retreat, situated additional south will open in the approaching weeks. AMAALA stays on monitor to welcome first friends in 2025, when the primary eight resorts full as a part of Triple Bay section one, together with Corallium and the enduring Yacht Club.

RSG’s Annual Sustainability Report 2023 has been developed in accordance with GRI Standards. It is aligned with the United Nations Sustainable Development Goals and to the Kingdom of Saudi Arabia’s Vision 2030, which goals to extend tourism’s share of GDP to 10% and create 1.6 million jobs. The full report may be learn in full at this hyperlink.

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