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Tourism Development Fund
العربية

TDF’s ESG Strategy

Spearheading the transformation to sustainable tourism for our community, clients, and travellers to drive socio-economic prosperity

ESG Strategic Pillars

Transitioning towards a sustainable economy

To support the development of an ESG-aligned and climate-resilient tourism sector by promoting resource efficiency, waste management, and climate-friendly practices across operations.

Environmental · 4 topics

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  • 111213
  • 111213
  • 6

Improving the socio-economic prosperity through private sector contribution

To enhance the well-being and socio-economic prosperity of all in the tourism sector by enhancing the private sector contribution through investments and partnerships

Social · 6 topics

  • 5817National Tourism Strategy
  • 917
  • 5810National Tourism Strategy
  • 8National Tourism Strategy
  • 11National Tourism Strategy
  • 1112National Tourism Strategy

Unlocking business value of tourism eco-system

To transform KSA into a leading sustainable tourism destination by investing with sustainability in the heart of our decisions

Governance · 5 topics

  • 9National Tourism Strategy
  • 16
  • 16
  • 56891112131617National Tourism Strategy
  • 16National Tourism Strategy

Legends

  • Environmental Priorities
  • Social Priorities
  • Governance Priorities

Enhancing environmental and socio-economic value creation across the tourism sector in KSA

Key Enablers

  • Cultural Change & Knowledge Plan

  • ESG Governance Structures

  • Responsible Investment & Financial Procedure

  • Structured Partnerships

  • Reporting & Disclosure

At the heart of the ESG Strategy lies a steadfast commitment to enhancing environmental and socio-economic value creation across the tourism sector in the Kingdom of Saudi Arabia.

This foundational principle reflects TDF's role as a national enabler of sustainable development and guides the structure and direction of its ESG efforts.

TDF is aware of its unique position within the national tourism ecosystem. As its stakeholders align with the Kingdom’s long-term sustainability vision, the Fund is positioned to lead by example. TDF’s strategy is designed to cascade ESG principles across its portfolio, influencing global hospitality brands and tourism operators to adopt responsible practices.

The Fund also recognised the broader context: ESG is experiencing unprecedented growth globally and regionally. The evolution of financial markets has accelerated the shift toward sustainable finance. Asset managers and institutions are increasingly channelling capital through green, social, and sustainability-linked instruments, enabling measurable impact across sectors like clean energy, infrastructure, and healthcare. Guided by ICMA (International Capital Market Association) and LMA (Loan Market Association) Green Loan Principles and Social Loan Principles standards, TDF ensures its approach is transparent, accountable, and outcome-driven. The Fund’s ESG ambitions are shaped by complex and nuanced drivers, and its strategy is designed to future-proof its operations, align with emerging regulations, and catalyse impact across its portfolio.

In alignment with national priorities and TDF’s core values, our ESG Strategy guides our decisions and our operations, activating the tourism sector while safeguarding our people and planet. In return, we establish strong partnerships and commitments that allow our communities to prosper for the good of the Kingdom.

Badr Al Herbish

Chief of Strategy