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Internal Control Toolkit

 

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Governance High Standards

At The Red Sea Development Company (TRSDC), our ambition is to preserve and enhance the natural environment as we deliver on our commitment to become the world’s most ambitious regenerative tourism project. To continually do this to the highest standards, we have established a strong set of governance principles.

Ahead of welcoming our first guests to the destination by end of 2022, we have embedded a holistic approach to structural governance into the business at every stage, from construction through to hospitality partner management. We are not just complying with local legal and regulatory framework requirements – we are setting our sights higher, and plan to exceed these by adopting global leading governance practices.

We have committed to international frameworks and reporting structures that go beyond legal requirements to guarantee that we are developing sustainably and in accordance with our core principles: accountability, transparency, fairness and responsibility.

Support good governance across the Kingdom of Saudi Arabia

Enable agile deployment of best practice internal controls

Provide guidance on the implementation and phasing of internal controls

Our Internal Controls Toolkit aims to help organizations define their values and implement a best in practice approach towards governance.
The Toolkit offers step-by-step guidance, roadmaps, templates and tools through the different governance elements that can be implemented from day one of a project or organization. This is the Toolkit that The Red Sea Development Company has followed and will continue to follow, and is now proudly sharing for the benefit of all.

Download Toolkit