2. Saudi Arabian Mining Company (Ma’aden)

Established: 1997

Headquarters: Saudi Arabia

CEO: Robert Wilt

Ma’aden aims to achieve carbon neutrality across the organization by 2050. In 2022, Ma’aden reduced its energy-indirect emissions by 14%. In June 2022, it signed an MoU with GlassPoint to develop a solar process heat plant to generate steam for its aluminum business. Ma’aden Solar 1 will provide Ma’aden’s bauxite refinery with 1,500 MW of energy and contribute to its goal of reducing 600,000 tons of its annual carbon emission.

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