LSEG: Working in partnership to support Saudi Arabia Vision 2030

LSEG is committed to supporting Saudi Arabia’s Vision 2030, playing a critical role in fostering economic growth, financial innovation and sustainable development in the Kingdom. With a dedicated team of 25 professionals and a graduate programme in place, LSEG’s active involvement spans capital markets, sustainability, data, analytics and indices, aligning with the strategic priorities outlined in Vision 2030.

One of the standout examples is the issuance of green bonds by the Public Investment Fund (PIF), which launched its inaugural green bond on LSEG, raising $3 billion, a move that was eight times oversubscribed.

Since then, further issuances have cumulatively raised $19 billion, including $8.5 billion in green bonds. These issuances not only diversify PIF’s funding sources but also attract significant global investment to Saudi Arabia, underscoring the Kingdom’s growing influence in sustainable finance.

Since 2022, Saudi issuers have raised nearly $60 billion in London, of which $12.3 billion has been allocated to green, sustainable and social finance initiatives.

Looking ahead, LSEG’s role is expected to expand further with the launch of Saudi Arabia’s new green finance framework by the Ministry of Finance. This framework, aimed at supporting the Kingdom’s goals of reducing emissions by 2030 and achieving net-zero emissions by 2060, will likely lead to additional green bond issuances. LSEG remains poised to support these efforts.

Through these strategic partnerships and initiatives, LSEG supports Saudi Arabia’s Vision 2030 while contributing to the country’s broader economic transformation by aligning its financial infrastructure with global best practices and sustainable development goals.