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Annual

Sustainability Report

2023 

Overview

Welcome to the Red Sea Global (RSG) 2023 Sustainability Report. This year, we are proud to present our most ambitious achievements of 2023, reflecting our unwavering commitment to sustainability, environmental conservation, and community empowerment.
Our efforts align with global standards, including the GRI Standards, UN Sustainable Development Goals, and Saudi Vision 2030, aiming to set new benchmarks in regenerative tourism development.

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Overview

Welcome to the Red Sea Global (RSG) 2023 Sustainability Report. This year, we are proud to present our most ambitious achievements of 2023, reflecting our unwavering commitment to sustainability, environmental conservation, and community empowerment.

 

Our efforts align with global standards, including the GRI Standards, UN Sustainable Development Goals, and Saudi Vision 2030, aiming to set new benchmarks in regenerative tourism development.

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Read the Full Report

 

Explore the full 2023 Sustainability Report to learn more about our achievements, detailed statistics, and future plans.

Together, we are creating a sustainable future for Saudi Arabia and beyond.

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Seeing our first guests marvel at the pristine natural environments we are fortunate to be custodians of, reinforces what I have always believed: that our natural environment is our greatest asset. We've gone beyond sustainability to rejuvenate natural habitats and conserve endangered species, achieving milestones that fill me with immense pride.
Our achievements in 2023 support ongoing efforts to deliver a net conservation benefit of 30% by 2040, and are transforming the way tourism development is delivered. Sharing our Annual Sustainability Report, ensures we remain transparent,  and demonstrates our efforts to continually rise to the challenge of finding new solutions to global issues.
 

Mr. John Pagano
Group Chief Executive Officer
Mr. John Pagano

Key Highlights - 2023

Key Highlights

Solar Energy

760,500 PV panels installed across The Red Sea’s expansive solar farms, driving our journey towards renewable energy.

Mangrove Conservation

600,000 mangrove seedlings planted, enhancing marine ecosystems and supporting biodiversity.

Coral Relocation

98,000 corals relocated to new habitats, preserving vital marine life.

Community Engagement

Enabled the potential reach of 3,000 local farms through the TAMALA cooperative.

Governance Excellence

Achieved re-certification for ISO 37000:2021 Governance of Organizations and ISO 31000:2018 Risk Management for RSG, including certification for four subsidiaries.

Setting New Standards

Secured the highest-ever score under the LEED v4.1 Cities and Communities certification, achieving Platinum with a record 96 points.

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Looking Ahead

As we move forward, RSG remains dedicated to expanding its sustainability initiatives. In 2024, we aim to plant 1.5 million mangrove seedlings, further develop our renewable energy projects, and continue to enhance our waste management and water conservation efforts.

 

Our goal is to create a sustainable future that benefits both the environment and the communities we serve.

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