For the first time, the Saudi Basic Industries Corporation (SABIC) has received approval from the Clean Development Mechanism (CDM) Executive Board to register an innovative carbon reduction project, which has been launched by a subsidiary of (SABIC).

The National Committee for the Clean Development Mechanism, chaired by Prince Abdulaziz bin Salman bin Abdulaziz, Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs, had previously reviewed and approved the project. The Clean Development Mechanism (CDM) is a complex program by nature, requiring significant expertise in both technical and sustainability aspects, as well as a commitment to transparency, governance, and high standards of environmental, health, safety, and security compliance. The program places project owners under local and international scrutiny through a series of public consultations and third-party audits. The project, being implemented by Jubail Fertilizers Company (Al-Biruni), encourages international organizations to reduce greenhouse gas emissions—which are responsible for climate change and have been identified by the scientific community as the greatest threat to humanity. SABIC’s project will work to upgrade the boiler at Al-Biruni over a period of 10 years with the goal of reducing carbon dioxide emissions by more than 400,000 metric tons annually in Al-Biruni’s operations, by utilizing modern technologies that reduce greenhouse gas emissions and conserve energy. On this occasion, SABIC’s Vice Chairman and CEO, Engineer Mohammed bin Hamad Al-Madi, emphasized that by joining the Clean Development Mechanism (CDM) program, SABIC has demonstrated its strong commitment to a low-carbon economy for sustainable development, a clean environment, and a better future. For his part, Khalid bin Abdulaziz Al-Mana, Executive Vice President of Fertilizers at SABIC and Chairman of the Board of Directors of Al-Biruni, expressed his pride that Al-Biruni is the first company in the SABIC family to join this global system, noting that addressing climate change issues has recently become a fundamental element of sustainability, and that we are constantly working to reduce carbon emissions from our operations, with registration in the Clean Development Mechanism (CDM) program being one of the means to achieve this. He said, «When we launched the Clean Development Mechanism (CDM) program at SABIC, we were aware of the challenges and difficulties we would face,» noting that the program is complex and fraught with challenges. He added, «We did our utmost to implement it, and SABIC is proud that the CDM program management has approved the registration of its project and reaffirms its commitment to continuing to implement the program with the utmost seriousness.»