TRSDC has developed a sustainability framework focusing on three main pillars: Environment, Social and Economic. For each pillar, the framework addresses three key considerations:
Core stakeholders/natural assets/dimensions; i.e. what we need to protect/ enhance and/or support.
Challenges and issues that need to be addressed to ensure maximum benefits for the defined stakeholders/assets/dimensions; i.e. any factor that puts pressure on any stakeholder/asset/dimensions
Enhancement and protection levers that will be developed and applied to address the challenges; i.e. how do we alleviate pressure.
Environmental Sustainability Framework
The Environmental Sustainability Framework is designed to ensure that the project area’s environment and biodiversity are both protected and enhanced as a result of destination development. The aim is to not just avoid harm during development, but to actively contribute to the area’s unique ecosystems, making a net positive 30% contribution to biodiversity at the destination.
Social Sustainability Framework
The Social Sustainability Framework highlights the importance of protecting and enhancing the social fabric within the project area, establishing sustainable livelihood opportunities for local people while delivering unique cultural experiences for the destination’s visitors.
Economic Sustainability Framework
The Economic Sustainability Framework aims to ensure that The Red Sea Project has a positive and lasting economic impact on Saudi Arabia. From its contribution to the Kingdom’s GDP as a central pillar of Vision 2030, to the creation of livelihood and job opportunities for Saudi people, TRSDC is helping create a sustainable economic future.
TRSDC is developing Saudi Arabia’s flagship international tourism destination and is setting new standards in sustainable development, aligned with all 17 of the UN Sustainable Development Goals (SDGs).
The SDGs are a global blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including those related to poverty, inequality, climate change, and environmental degradation. The 17 Goals are all interconnected and reflect our vision as a business for The Red Sea Project.