ESG And Sustainability Services In Saudi Arabia
ESG and sustainability have become essential pillars for businesses operating in Saudi Arabia — driven by Vision 2030, regulatory reforms, and investor demand. Whether you’re a local enterprise or a multinational, embedding environmental, social, and governance (ESG) practices into your operations is no longer optional. MFD Services provides tailored ESG and sustainability services that help you comply, report, and grow responsibly — while aligning with global standards and local priorities.
Why ESG And Sustainability Are Vital In Saudi Arabia With MFD Services
Companies in the Kingdom are under increasing pressure to demonstrate responsible governance, ethical labor practices, and environmental consciousness. ESG transparency not only protects reputation but also attracts investment, mitigates risk, and prepares your business for future regulations.
MFD Services helps Saudi companies develop, implement, and monitor ESG strategies that align with regulatory expectations, investor requirements, and global frameworks — all while maintaining operational practicality.
What ESG And Sustainability Services Do We Provide?
We offer end-to-end ESG support across the following domains:
- ESG reporting based on international standards like GRI, SASB, or TCFD
- Sustainability strategy development aligned with Vision 2030
- Carbon footprint analysis and emissions tracking
- Governance compliance and board-level policy drafting
- Stakeholder engagement programs and surveys
- ESG data management and performance dashboards
- Climate risk disclosure for long-term planning
- Ethical supply chain risk identification
- Training and awareness workshops for ESG adoption
- Materiality assessment to prioritize issues based on impact
MFD ensures your ESG initiatives are not just compliant — but impactful and measurable.
Is ESG Reporting Mandatory In Saudi Arabia?
While still evolving, ESG disclosure is gaining regulatory momentum:
- Large public companies are being encouraged to align with Saudi Exchange ESG guidelines
- Investment funds are beginning to demand ESG profiles from portfolio firms
- Ministries and regulators are embedding ESG in procurement and licensing frameworks
- Sustainability practices are becoming critical for IFRS and financial statement preparation
MFD keeps you ahead of future regulations by helping you establish ESG practices today.
What Do We Need To Begin Your ESG And Sustainability Journey?
To start, we typically collect:
- Business profile and operational footprint
- Existing sustainability or governance practices
- Stakeholder groups (employees, investors, suppliers, public)
- Key risk areas (climate, labor, compliance)
- Goals (reporting, audit, supply chain, etc.)
- Any prior ESG assessments or audits
- Preferred ESG frameworks (GRI, TCFD, SASB, etc.)
- Board or regulatory requirements
MFD uses this input to create a roadmap with measurable goals and practical actions.
Estimated Pricing, Duration, And Process For ESG Services
Estimated Pricing
ESG consulting costs depend on company size, reporting needs, and the scope of sustainability strategy. Basic ESG health checks start from SAR 7,500. Full reporting and strategy projects range between SAR 15,000 and SAR 50,000+. MFD shares a fixed quote after initial assessment.
Estimated Timeline
Smaller ESG audits can be completed in 7–10 business days. Detailed sustainability strategy and reporting projects may take 4–6 weeks, including stakeholder sessions, data gathering, and documentation. Timelines are always aligned with audit or board submission deadlines.
How The Process Works
We begin with a materiality assessment and stakeholder mapping. Then our team conducts data collection, carbon footprint analysis, and benchmarking. We prepare ESG reports, design dashboards, conduct training, and assist with board-level policy integration — all tailored to Saudi market realities.
Contact Us
Book an Appointment with Us
Schedule a consultation with MFD Business Solutions today and discover how our expert Actuarial Valuation and financial consulting services can enhance the accuracy and reliability of your financial records.
How ESG Enhances Brand Value And Risk Management
ESG initiatives help companies:
- Increase access to sustainability-focused investors
- Improve stakeholder trust and transparency
- Reduce compliance and reputational risks
- Build climate resilience through long-term planning
- Attract global partners aligned with ESG goals
- Strengthen board governance and policy control
MFD ensures these outcomes are not just goals — but reality, backed by data and documentation.
What Challenges Do Businesses Face In ESG Implementation?
Frequent hurdles include:
- Lack of internal expertise or ESG ownership
- Difficulty quantifying social and environmental impacts
- Inconsistent data from departments or vendors
- Confusion over reporting standards
- Greenwashing risk due to poor transparency
- Stakeholder pushback or low engagement
How MFD Solves ESG Challenges For Saudi Businesses
MFD handles these barriers with:
- Clear framework selection (GRI, SASB, TCFD, etc.)
- Workshops for employee awareness and involvement
- Centralized ESG data management dashboards
- Validated carbon footprint and emissions metrics
- ESG risk register setup
- Report design support for board and public communication
Why Choose MFD For ESG And Sustainability Services In Saudi Arabia?
MFD Services is deeply rooted in the Saudi business ecosystem and understands the intersection of local regulations and global ESG standards. Our practical, business-aligned approach ensures ESG doesn’t become just a report — but a growth strategy.
Ready To Build A Responsible And Future-Proof Business?
Let MFD Services guide your ESG and sustainability journey — from strategy to reporting. We’ll help you build trust, reduce risk, and lead with purpose in Saudi Arabia’s evolving business landscape.
FAQ's
ESG and sustainability ensure long-term value, improved financial performance, and reduced risk for businesses. Embracing these practices also attracts conscious investors and broadens the investor base.
MFD assists companies in measuring and disclosing their ESG performance, ensuring transparency. This not only identifies improvement areas but also attracts conscious investors who prioritize ESG considerations.
MFD has successfully guided businesses in transitioning to renewable energy, promoted responsible supply chain management, and played a crucial role in fostering diversity and inclusion within businesses.
MFD leverages technology, including data analytics and AI, to enhance clients’ sustainability journeys. Technology enables real-time measurement, tracking, and efficient ESG reporting processes.
Businesses can collaborate with MFD for sustainable transformation by booking an appointment. Our tailored approaches, industry collaborations, and community engagement initiatives contribute to a sustainable ecosystem.