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Carbon Credits NEWS

48,000 carbon credits issued to SABIC
May 28, 2018

48,000 carbon credits issued to SABIC

Saudi Basic Industries Corporation (SABIC) received the second issuance of carbon credits, over 48,000, from the UN for a Clean Development Mechanism (CDM) project. This further adds to the firm’s reputation as the only organization in Saudi Arabia to receive the sought-after credits. Sustainability is a foundational element of SABIC’s 2025 strategy and these saleable credits can be used to meet their emission reduction targets, under Kyoto protocol.

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