The report details how the group is monitoring and reporting against targets across environmental sustainability, social empowerment and governance, revealing strong progress across all categories
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced the release of its fourth Annual Sustainability Report, publicly disclosing RSG’s and its subsidiaries’ key commitments and progress toward ESG goals. The report demonstrates that RSG is firmly on track to meet its principal objective of delivering a net conservation benefit of 30% by 2040.
RSG’s 2023 Annual Sustainability Report, which discloses the organization’s sustainability performance from January 1 – December 31, 2023, reflects the firm’s commitment to accountability and transparency, as it aims to establish new standards in global responsible development. The report details how the Group is monitoring and reporting against targets across environmental sustainability, social empowerment and governance, revealing strong progress across all categories.
The report highlights several significant achievements, including the installation of a total of 760,000 photovoltaic solar panels to power the first phase of the Group’s flagship destination, The Red Sea, which opened in 2023.
The Group has also become the largest off-grid charging infrastructure operator in Saudi Arabia, with 150 electric vehicle charging stations and 82 electric vehicles. In their efforts to protect and enhance environments and species, they have nurtured more than five million plants at the Red Sea Landscape Nursery since its establishment. Their carbon reduction initiatives have prevented 46,350 tons of CO2 emissions.
Additionally, the Group has pledged a ‘Coral Commitment’ to protect and regenerate corals in the Red Sea and beyond, including pioneering work in coral cultivation led by marine life scientists. They have transplanted 600,000 mangrove seedlings to four different sites in a dedicated Mangrove Nursery. Additionally, they launched the Jewar app, a two-way communication channel for RSG to share news and opportunities with the local community, allowing community members to participate and share their views. The Group has rolled out a volunteering program to encourage mangrove planting and beach clean-ups, with more than 200 participants. They have also hired more than 3,300 new employees, including over 50 Elite Graduates, and delivered nearly 74,000 training hours. Lastly, they set a new environmental benchmark by achieving the highest-ever score for Platinum LEED for Cities and Communities certification for The Red Sea Master Plan Phase 1.
“Our latest Annual Sustainability Report demonstrates that when we say we are committed to setting new standards in responsible development, we truly mean it. We are well on track to deliver a net conservation benefit of 30% by 2040 to the areas surrounding our destinations,” said John Pagano, Group CEO of Red Sea Global
“The work of our team across renewable energy, land and marine conservation and regeneration, social development and clean mobility is proof tourism development can be done another way. My hope is that the rest of the industry draws inspiration from our achievements and embeds regenerative principles into their own work,” Pagano added.
Last year, The Red Sea welcomed its first guests, with three of its hotels now open. Red Sea International Airport has been receiving a regular schedule of domestic flights since September 2023 and international flights began in April 2024, with a twice-weekly route between The Red Sea and Dubai International.
