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Saudi Electricity Company

Saudi Electricity Company (SEC) is a majority state-owned company headquartered in Saudi Arabia. In 2022 its revenue was USD 19.2 billion. SEC operates across the electricity system in Saudi Arabia and has a monopoly on transmission and distribution. A 7% share of the company is owned by the national oil company Saudi Aramco.
Ranking position
#52 /68
Total score
12.0 /100

9.7 /60
Core social indicators
1.0 /20
Just transition
1.3 /20

ACT score components

Performance score
1.8 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank


#1 0.0 /100 #51

Material investment

#1 7.0 /100 #55

Intangible investment

#1 0.0 /100 #26

Sold products

#1 1.1 /100 #44


#1 21.3 /100 #55

Supplier engagement

#1 0.0 /100 #43

Client engagement

#1 7.5 /100 #46

Policy engagement

#1 11.0 /100 #58

Business model

#1 33.5 /100 #32
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


SEC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. SEC has not set any emissions reduction targets. It is projected to reduce its emissions intensity from 2022 to 2027 but not at a sufficient rate to align with its 1.5°C pathway. The company does not provide details of significant changes it plans to make to its generation mix beyond phasing out liquid fuels and increasing efficiency. However, SEC’s investment in grid interconnections for renewable energy projects may lead to reductions in the company’s emissions intensity from purchased power.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2020
  2. 2021

More about the company

Riyadh, Saudi Arabia
Group revenue
US$ 19,198 million (FY2022)
Group employees
32,200 (FY2022)
Majority state-owned
Installed capacity
68.9 GW
Company filing name
Saudi Electricity Company

This company is part of the SDG2000, the 2,000 most influential companies

See company profile