Clarity AI signs MoU with the Saudi Tadawul Group

Clarity AI signs MoU with the Saudi Tadawul Group

Clarity AI, a leading global sustainability tech platform, has signed a Memorandum of Understanding (MoU) with the Saudi Tadawul Group to educate companies in Saudi Arabia on sustainability topics.

"Our mission is to bring societal impact to markets, and we are thrilled to be in an understanding to do that with the Saudi Tadawul Group, which sits at the centre of company communication for trillions of dollars of market capitalisation trading in Mena," said Rebeca Minguela, Founder and CEO of Clarity AI.

"This position represents a strong opportunity for us to help bring additional tech-powered sustainability capabilities to these global corporations."

ESG reporting

Eng Khalid Al Hussan, CEO of the Saudi Tadawul Group said: “With investors around the world using ESG metrics to inform their decisions, Saudi Tadawul Group has an important role to play in driving adoption of transparent and purposeful ESG reporting. This MoU will help us to embed innovation within our ESG infrastructure and introduce dynamic new platforms providing investors and issuers more granular access to data and benchmarking in ESG practices. In turn, this will support our ambitions for the Saudi capital market to become a global destination in line with the Financial Sector Development programme and Saudi Vision 2030.”

Clarity