Saudi Oil Major Aramco to Set Up $1.5 Billion Sustainability Fund

The funds would be invested in technology that supports the company’s 2050 net-zero goals

October 27, 2022

/ Finance and M&A, Other, Renewable Energy

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Saudi Aramco, a global energy and chemicals company, has established a $1.5 billion sustainability fund to invest in technology to support a stable and inclusive energy transition that will help to address climate change.

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Gautamee Hazarika

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Saudi Oil Major Aramco to Set Up $1.5 Billion Sustainability Fund

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