Under the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the National Energy Services Company (Tarshid), Tarshid through its subsidiary, signed a strategic agreement with (SAL) Logistics Services during the Saudi Green Initiative Forum and COP16 Conference. The agreement aims to increase energy efficiency across (SAL) facilities by conducting a detailed study to implement optimal energy efficiency solutions. These efforts will contribute to improved operational efficiency and reduced carbon emissions, aligning with the objectives of Saudi Vision 2030 to achieve energy sustainability and preserve natural resources. The agreement includes on-site surveys and a comprehensive technical study to apply energy efficiency standards in SAL facilities.
In this context, Mr. Waled Abdullah Al-Ghreri, Board Member and CEO of Tarshid, stated: “Our partnership with the private sector plays a pivotal role in achieving our goal of transforming all buildings in the Kingdom into more sustainable and energy-efficient structures. Today, especially with the rollout of this year’s Saudi Green Initiative Forum, we aim to bolster the private sector’s role in energy efficiency, making (SAL) a national model in both the private and logistics sectors, as this partnership supports our shared vision of a sustainable economy with reduced carbon emissions.”
Furthermore, Engineer Abdulazeez Al-Sharif, Chief Shared Services Officer at (SAL), added: “This collaboration with Tarshid represents a strategic step in our journey towards sustainability. Through this agreement, we aspire to set a pioneering example in energy efficiency within the logistics sector, in line with the environmental goals of Vision 2030.”
The signing of this agreement, coinciding with the commencement of this year’s Saudi Green Initiative Forum and COP16, underscores Tarshid’s leading role in increasing energy efficiency and achieving sustainability across both governmental and private sectors. Since its establishment in 2017 and up to the third quarter of 2024, Tarshid has addressed annual energy savings of 7.3 TWh across its various projects. This is equivalent to preserve over 11.7 million barrels of oil equivalent and avoiding approximately 4.2 million metric tons of harmful emissions, which is comparable to the environmental impact of planting more than 69.4 million seedlings annually. The National Energy Services Company (Tarshid) remains committed to its mission of advancing the Kingdom’s strategic sustainability goals, driven by Saudi Vision 2030, to achieve energy savings and reducing carbon emissions.
