September 21 , 2022
AmCham Saudi Arabia launches green business initiative
JEDDAH: The American Chamber of Commerce in Saudi Arabia, or AmCham Saudi Arabia, launched a new committee on Monday to help companies meet their environmental and social responsibility goals.
The ESG, or Environmental, Social and Corporate Governance, committee was launched at the Jeddah Hilton Hotel.
Several leading diplomats, academics and business officials took part in a panel discussion to discuss ESG strategies, plans and reporting.
Julie LeBlanc, US commercial consul for the western region, said American businesses were committed to support the Kingdom’s plans on this front.
“Major US companies, which are leaders in ESG participated in the panel event including PepsiCo, UL, and AspenTech to discuss innovations and best practices in ESG. The United States is committed to supporting the Kingdom’s Vision 2030 goal to diversify its economy,” she said.
The panel was moderated by Nizar Kammourie, CEO of SAWACO Water Desalination, who said the ESG committee would help raise awareness in the business sector on the need for firms to operate in a socially responsible manner.