Mobility transformation and pathways to net zero

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Riyadh, Kingdom of Saudi Arabia: – The leading global professional services firm, Deloitte, in partnership with Sustainability Forum Middle East (SFME), hosted a high-level roundtable on "Mobility Transformation and Pathways to Net Zero" at the Deloitte Digital Office in Riyadh. The event served as a platform for open dialogue and knowledge-sharing, shedding light on critical issues, emerging trends, and opportunities in the realm of decarbonized mobility.

Moderated by Daniel Gribbin, ESG Risk Advisory Lead at Deloitte Middle East, the roundtable featured a panel of experts representing a wide range of expertise and sectors. These experts shared valuable insights on the journey toward sustainable mobility, and the discussion took place in the context of MENA Climate Week, as a prelude to the UN Climate Change Conference (COP28) in Dubai.

Daniel Gribbin said, "The Mobility Transformation and Pathways to Net Zero Roundtable provided a blueprint for collective action, innovative technology, supportive policies, carbon offsetting, and a consumer-centric approach to achieve sustainable and eco-friendly mobility. It underscored the importance of collaboration and set a narrative for a successful decarbonized mobility sector."

The gathering highlighted several key aspects of the mobility sector transformation. Participants addressed decarbonization challenges, emphasizing a holistic approach that considers people's comfort, habits, and local climate while addressing environmental concerns. They discussed technology's role, including electric vehicles, hydrogen fuel cells, and autonomous transportation, alongside traditional internal combustion engines. Sustainable infrastructure, like EV charging stations and smart urban planning, was emphasized, as was carbon offsetting for carbon neutrality. Government policies, collaborative efforts, and consumer engagement were also focal points.

The event shed light on the need to address a range of factors in mobility sector transformation, from carbon emissions to technological advancements and sustainable infrastructure. It acknowledged the critical role of consumer engagement and the necessity of government policies, regulations, and collaborative initiatives to guide the shift toward sustainable, low-carbon mobility solutions. This comprehensive approach seeks to harmonize environmental concerns with people's convenience and habits, all while considering regional climates and public awareness. As the mobility industry evolves, it remains vital to engage all stakeholders in this transformation for a successful transition to decarbonization.

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In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms. The information contained in this press release is correct at the time of going to press.

About Deloitte & Touche (M.E.) LLP:

Deloitte & Touche (M.E.) LLP (“DME”) is the affiliate for the territories of the Middle East and Cyprus of Deloitte NSE LLP (“NSE”), a UK limited liability partnership and member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”).

DME is a leading professional services firm established in the Middle East region with uninterrupted presence since 1926. DME’s presence in the Middle East region is established through its affiliated independent legal entities, which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DME’s affiliates and related entities cannot oblige each other and/or DME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable for its own acts or omissions and not those of any other affiliate.

DME provides audit and assurance, consulting, financial advisory, risk advisory and tax, services through 29 offices in 15 countries with more than 5,900 partners, directors and staff.

About Deloitte:

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL, NSE and DME do not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415,000 people worldwide make an impact that matters at www.deloitte.com.

The information contained in this press release is correct at the time of going to press.

Bassel Barakat